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, white shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry. New owner has the ability to recapture an average of $263/month per unit - increasing the the total rent roll by $25,248 Enjoy a strong cashflow right from the start and let the property appreciate.
MLS# | T3537655 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1960 |
Days On Site | 73 |
Listing Provided By | MPGFL TAMPA LLC | Frank Brito |
Bed(s) | 16 |
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Bath(s) | 9 |
SQ Feet | 3,220 |
Units | 8 |
Zoning | RMC-20 |
Acreage | 0.43 |
State | FL |
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County | Hillsborough |
City | TAMPA |
Zip Code | 33612 |
Area | 33612 Tampa | Forest Hills |
Community Name | UNPLATTED |
Listing VS Median (in UNPLATTED) | |
Price: $1,495,000 low | high Med: $475,000 SqFt: 3,220 low | high Med: 2,480 $ / SqFt: $464 low | high Med: $192 On Site: 73 low | high Med: 332.000000 |