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$1,495,000   Price Analysis
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12703 N 15th St
Tampa, FL 33612
16 bed 9 bath 3,220 SqFt ($464/SqFt)
0.43 acre lot. Built 1960
Listed 2024-06-27
Ⓧ USDA Ineligible
due to price & location

near Tampa

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 fantastic 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. Contemporary 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 pr perty appreciate.


Presented by Frank Brito at
MPGFL TAMPA LLC.


Property MLS #T3537655 from StellarMLS

Bedrooms: 16

Total Bathrooms: 9
Full Bathrooms: 9

Thermostat

Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Cooling Features: Central Air, Wall/Window Unit(s)
Heating Features: Central, Electric

Fence
Road Surface Type: Asphalt

Lot Size Acres: 0.43
Lot Size Square Feet: 18788

Number of Buildings: 4
Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10235
Source Listing Status: Active
County: Hillsborough
Directions: east on fowler from 275 then north on n 15th
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33612 - Tampa / Forest Hills
Source Neighborhood: UNPLATTED
Parcel Number: U-07-28-19-ZZZ-000001-28780.0
Postal Code Plus 4: 4519
Subdivision: UNPLATTED
Township: 28
Zoning: RMC-20
Property Subtype: Multi-Family
Source System Name: C2C

Listed 2024-06-27
$1,495,000
StellarMLS

Total Square Feet Living: 3220
Year Built: 1960
Construction Materials: Block, Wood Frame
Foundation Details: Slab
Property Age: 64
Roof: Shingle

Sewer: Public Sewer
Sewer Connected
Water - Multiple Meters
Water Connected
Water Source: Public

Shaw Elementary School is a public elementary school located approximately 0.7 miles away.
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Freedom High School is a public high school located approximately 6 miles away.
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Liberty Middle School is a public middle school located approximately 6.1 miles away.
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Missionary Christian Academy is a private elementary, middle and high school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.