$1,395,000
Active · 0 days on market · MLS# MFRTB8429529
| Bedrooms | 16 |
|---|---|
| Living area | 3,220 sq ft |
| Lot size | 0.43 acres |
| Year built | 1960 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $10,281 |
| County | Hillsborough |
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: $12,560 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.
Listing courtesy of Frank Brito, MPGFL TAMPA LLC. Presented by MC Homes Realty Inc · 727432218.