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.
3,220 Sq Ft
0.43 Private Acres Lot Size
investment
$11,276 Annual Tax
Built in 1940
MLS/Listing ID TB8478251
8 Units
Construction - Block
Construction - Wood Frame
Shingle
Cooling - Wall/window unit(s)
Cooling - Multi-split AC
Cooling - Central Air
Block
Window Treatments
In Kitchen
Laundry Room
Kitchen Family Room Combo
Open Floor Plan
TOTAL MONTHLY COST
$0
$0
$0