12703 N 15th Street, Tampa, FL 33612

$1,350,000
16
BD
9
BA
6,152
SqFt

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List Price
$1,350,000
Status
Active
Days on Market
0
MLS#
TB8549116
Property Style
Quadruplex
Year Built
1960
Bedrooms
16
Bathrooms
9
Living Area
6,152
Lot Size
18,788
Acres
0.43
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Unplatted
MLS Area Major
Tampa / Forest Hills

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: $13,369.27 Unit Mix: 1/1 - 2 2/1 - 4 3/1 - 1 3/2 - 1 New owner has the ability to recapture an average of $263/month unit - increasing the the total rent roll by $25,248. Enjoy a strong cashflow right from the start and let the property appreciate.

Additional Information

Taxes
$11745
Community Features
No Deed Restriction
Zoning
RMC-20
Interior Layout
Living Room/Dining Room Combo, Open Floorplan
Interior Features
Living Room/Dining Room Combo, Open Floorplan
Utilities
Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Heating
Central, Ductless
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Block, Stucco, Frame
Exterior Features
Courtyard, Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
U-07-28-19-ZZZ-000001-28780.0
Legal Description
E 123 FT OF W 153 FT OF N 150 FT OF S 180 FT OF SW 1/4 OF NE 1/4

Listing courtesy of MPGFL TAMPA LLC. 631-356-5697

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