BEDS16
BATHS
SQUARE FEET3,220
MLS#TB8478251
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: $13,369.27 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 0.43 Acres
Roof Type: Shingle
Taxes: $11,276
Year Built: 1940
Amenities
Kitchen/Family Room Combo
Open Floorplan
Window Treatments
None
Feature Descriptions
Annual Net Income: 117267.53
Days on Site: 13
Directions: Take a left onto N 15th St off of E Fowler Ave, building is about a half a mile down on the right hand side.
Exterior: Block, Frame
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.43
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 8
Utilities: Electricity Connected, Sewer Connected, 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: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 8,771.32 per month $7,424.78 Principal & Interest $939.67 Property Tax $406.88 Homeowner's Insurance
12703 N 15th St | MLS# TB8478251
This multi-family property located at 12703 N 15th St, Tampa, FL 33612 is currently listed for sale with an asking price of $1,395,000. Search Tampa real estate on www.adamscameroncommercial.com today.