12703 N 15TH STREET, Tampa, Florida, 33612
$1,350,000
6,152 Sqft
0.43 Acres
16 bd
9 ba
#TB8549116
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
- Utilities : Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Exterior Features : Courtyard, Sidewalk
- Road Surface Type : Paved
- Roof : Shingle
- Zoning : RMC-20
- Heating : Central, Ductless
- Cooling : Central Air, Wall/Window Unit(s)
- Construction Materials : Block, Stucco, Frame
- Interior Features : Living Room/Dining Room Combo, Open Floorplan
- Laundry Features : In Kitchen, Inside
PROPERTY DETAILS
ID: TB8549116
Status: Active
Price: $1,350,000
Acres: 0.43 Acres
Price Per Acre: $3,139,535
Type: Other
Address: 12703 N 15TH STREET
City, State: Tampa, Florida
County: Hillsborough
Zip Code: 33612
Lat/Long: 28.062195, -82.442584
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