Another powerful investment opportunity in South Austin with current rent capabilities of $6400+, currently putting this 4-plex at a 5.47% CAP RATE! This magnificent quadruplex has four updated units with all HVAC units replaced in 2016. Three of the four units are currently leased until mid 2023, with the fourth not being leased in order to show. The building is in great shape with a foundation under warranty and a brand-new plumbing clean-out line. The location is superb, being very near to Central Market, St. Edward's University, and all that South Lamar has to offer. All supplementary documentation is available. This is one of the best Multi-Family investments on the market. Simply plug and play! No updates or repairs necessary.
Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator
|Price Reduced||$1,050,000||$49,000 (4.46%)|
|Price Reduced (from $1,150,000)||$1,099,000||$51,000 (4.43%)|
Property Listed by: Kw-austin Portfolio Realestate
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from March 21st, 2023 at 5:30am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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