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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 Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 0.43 Acres
Roof Type: Shingle
Taxes: $11,745
Year Built: 1960
General Information
Bedrooms: 16
Sqft: 6,152
County: Hillsborough
Subdivision: UNPLATTED
Listed By:
Frank Brito
MPGFL TAMPA LLC
631-356-5697
MLS ID: TB8549116
Amenities
Living Room/Dining Room Combo
Open Floorplan
Courtyard
Sidewalk
Property Features
Annual Net Income: 104831.36
Directions: From I-275 North or South:Take Exit 51 for Fowler Avenue (SR-582).Travel east on E Fowler Avenue.Turn left (north) onto N 15th Street.Continue approximately ½ mile.12703 N 15th St will be on the right.
Exterior: Block, Stucco, Frame
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.43
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMC-20
Shown By
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12703 N 15th Street , Tampa, FL 33612.
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Estimated Payment
$ 5,925.82 per month $4,553.32 Principal & Interest $978.75 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Tony Domenico
Cell: 1 (941) 748-1005
Email: tonydomenico@wagnerrealty.com
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