Sarasota's Premier Homes

12703 N 15TH ST

TAMPA , FL 33612

MLS#: TB8478251

$1,395,000

Status: Active
Listing number: TB8478251
Listing provided by: MPGFL TAMPA LLC
Listing agent phone: None
Last update: 9 hours ago
New on site 1 day ago
Browse Properties
UNPLATTED - Residential Income

Property

Beds

16

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

3,220

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.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Frame

  • Other Exterior Features

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.43

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,395,000

  • Tax Amount

    $11,276.08

  • Sq. Footage

    3, 220

  • Price/SqFt

    $433

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    28780

  • Water Source

    Public

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Location

County

Hillsborough

Elementary School

Middle School

High School

Listing Courtesy of Frank Brito , MPGFL TAMPA LLC

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Agent Michael Graf

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Michael Graf

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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.

12703 N 15TH ST

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