12703 N 15th Street, Tampa, FL 33612
- $1,350,000
- 16
- BD
- 9
- BA
- 6,152
- SqFt
- List Price
- $1,350,000
- MLS#
- TB8549116
- Bedrooms
- 16
- Bathrooms
- 9
- Sq. Ft
- 6,152
- Lot Size
- 18,788
- Subtype
- Quadruplex
- County
- Hillsborough
- Community
- No Deed Restriction
- Subdivision
- Unplatted
- Region
- Tampa / Forest Hills
- Year Built
- 1960
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.
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Additional Information
- Heating
- Central, Ductless
- Cooling
- Central Air, Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Exterior Features
- Courtyard, Sidewalk
- Construction
- Block, Stucco, Frame
- Living Area
- 6,152
Listing courtesy of MPGFL TAMPA LLC. Contact: 631-356-5697