BEDS16
BATHS
SQUARE FEET6,152
MLS#TB8549116
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUNPLATTED
Property Description
12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core. Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry. Current Rent Roll: $13,460.00 Unit Mix: 1/1 - 2 2/1 - 4 3/1 - 1 3/2 - 1 New owner has the ability to recapture an average of $92.50/month unit - increasing the the total rent roll by $8,880.00. Enjoy a strong cashflow right from the start and let the property appreciate.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 0.43 Acres
Roof Type: Shingle
Taxes: $11,745
Year Built: 1960
Amenities
Living Room/Dining Room Combo
Open Floorplan
Courtyard
Sidewalk
Feature Descriptions
Annual Net Income: 104831.36
Days on Site: 12
Directions: From I-275 North or South:Take Exit 51 for Fowler Avenue (SR-582).Travel east on E Fowler Avenue.Turn left (north) onto N 15th Street.Continue approximately ½ mile.12703 N 15th St will be on the right.
Exterior: Block, Stucco, Frame
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.43
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMC-20
Listed By / Shown By
Listed By
Agency Name: MPGFL TAMPA LLC
Agency Contact: 631-356-5697
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 4,377.01 per month $3,004.51 Principal & Interest $978.75 Property Tax $393.75 Homeowner's Insurance
12703 N 15th Street | MLS# TB8549116
This multi-family property located at 12703 N 15th Street, Tampa, FL 33612 is currently listed for sale with an asking price of $1,350,000. Search Tampa real estate on www.floridaexecutiverealty.com today.