12703 N 15TH STREET $994,900

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    12703 N 15TH STREET TAMPA, FL 33612

    • 15 Beds
    • 9 Baths
    • 6,152 sq. ft.
    • Multi-Family
    • MLS# T3375220
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    Views: 5 Days On Site: 30

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    8 UNIT 100 PERCENT OCCUPIED BUILDING ADD VALUE IN TAMPA!!!!!! The property contains 8 units with 4 separate structures on 1 parcel. There is a large lot with parking on both sides (in an L shape). On the side that has the Quad Plex there is at least 6 parking spots. On the side that has the stand alone unit, duplex and another standalone unit there is at least another 6 parking spots, potentially more if parking lot is re-striped. 1- Quadplex facing 15th st N 1- Duplex in the center of the property 1- Stand alone unit with central AC that has 3 bedrooms facing the side street 1- Stand alone unit that faces the side street that has 2 bedrooms and has layout like a loft unit The property is extremely under rented and is a HUGE ADD VALUE, however it is 100% OCCUPIED allowing the new owner to still collect rents which renovating some of the units! There is currently 1 water meter and SEPARATE ELECTRIC METERS for each unit. Redoing the plumbing and adding separate water meters would be a huge upside for the new owner. The new owner could also add a laundry facility with coin operating machines which would also create additional revenue. THE POTENTIAL FOR THIS PROPERTY IS ENDLESS! 5 out of the 8 tenants are on MTM leases allowing the new owner the option to raise rents immediately. See OM attached for rent roll and financials. Job and population growth as well as lower cost of living compared to Florida's larger cities makes Tampa Florida the ideal place for purchasing investments. This location is known as University Square which is in the 33612 zip code and home to many attractions such as Busch Gardens as well as the VA hospital. This particular location attracts young professionals with its nightlife, job opportunities and also being close to USF. THIS WONT LAST LONG! PLEASE SEE ATTACHMENTS FOR MORE INFORMATION!

    • General Features
      • Property Subtype Multi-Family
      • Senior Community Y/N false
      • Zoning RMC-20
      • Year Built 1960
      • Tax Annual Amount 5220.6
      • Subdivision Name ZZZ | UNPLATTED
      • Number Of Units Total 8
      • New Construction Y/N false
      • County Or Parish Hillsborough
      • Bedrooms 15
      • Annual Net Income 57600.00
      • Additional Parcels Y/N false
    • Building Features
      • Living Area 6,152
      • Garage Y/N false
      • Fireplace Y/N false
      • Carport Y/N false
    • Property Features
      • Lot Size Acres 0.43
      • Total Num Buildings 4
      • Total Acreage 1/4 to less than 1/2
      • Pool Private Y/N false
      • Lot Size Square Feet 18731
      • Water Extras Y/N No
      • Water Access Y/N No
      • Waterfront Y/N false
      • Waterfront Feet Total 0
      • Water View Y/N No

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    Neighborhood

    33612 (TAMPA) Demographics

    34 Median Age
    4,802 Population Density (per sq. mile)
    26% College Educated
    $35,746 Estimated Median Income
    6,608 Estimated Total Home Owners
    12,413 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    51,347 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $290,000 Median Sales Price
    43 Homes Sold
    65 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $994,900
        6/1/2022 3:20:51 PM Status Changed Source: Multiple Listing Service New Value: Pending
        5/26/2022 5:51:00 PM New in Database Source: Multiple Listing Service New Value: $994,900

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        Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 6/25/2022 3:24:30 PM.

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.