2904 Pearl Street
- $1,215,000 REDUCED
- 2892 SQ. Feet, 0.19 Acres Residential Income Austin, TX 78705
Located in the sought-after Heritage neighborhood just blocks from UT campus, this meticulously maintained quadplex presents a lucrative investment opportunity. All four units are currently leased through 7/31/2024, showcasing a history of consistent and effortless leasing each year. Recent substantial investments of over $100,000 have elevated the property's value. Upgrades include a reinforced foundation with adjustable steel beams, new energy-efficient windows with lifetime warranty, and a modern sewer line equipped with a grinder pump for enhanced functionality. The front two units showcase the original charm of the property with hardwood floors and preserved wood trim, reflecting the original architecture. In contrast, the back two units, an addition, feature vaulted ceilings that impart an open and spacious ambiance throughout. Enjoy the abundance of natural light that bathes the entire property, creating a warm and inviting atmosphere. Ample parking is available, including front driveways, side parking, and designated spots in the back alley. A shared coin-operated laundry facility adds convenience for tenants and additional income. Indulge in the serene outdoor spaces, with each unit boasting a covered porch area. The property is thoughtfully landscaped with privacy bamboo, a protective fence, and mature trees encircling the perimeter, providing a tranquil living environment. With three 1/1 units and one 2/1 unit, generating a monthly income of $6205, this quadplex is a sound investment with potential for future growth. The property is zoned MF-2 opening it up for potential future opportunities. Several tenants have already expressed interest in renewing, underlining the property's desirability and stability in the rental market. Don't miss out on this exceptional opportunity for a thriving investment property. Please DO NOT disturb the tenants.
Essential Information
- MLS® #8653104
- Price$1,215,000
- Bathrooms0.00
- Square Footage2,892
- Acres0.19
- Year Built1950
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusActive Under Contract
Community Information
- Address2904 Pearl Street
- SubdivisionHarpers
- CityAustin
- CountyTravis
- StateTX
- Zip Code78705
Amenities
- ViewNeighborhood
- WaterfrontNone
Utilities
Electricity Connected, Fiber Optic Available, Sewer Connected, Water Connected
Features
Laundry Facilities, Street Lights
Parking
Additional Parking, Alley Access, Paved, Shared Driveway
Interior
- HeatingCentral
- CoolingCentral Air
- # of Stories1
- StoriesOne
Interior
Laminate, Linoleum, Tile, Vinyl, Wood
Appliances
Dryer, Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Refrigerator, Washer
Exterior
- Exterior FeaturesNone
- Lot DescriptionLevel, Trees Large Size
- WindowsENERGY STAR Qualified Windows
- RoofShingle
- ConstructionWood Siding
- FoundationPillar/Post/Pier, See Remarks
School Information
- DistrictAustin ISD
- ElementaryBryker Woods
- MiddleO Henry
- HighAustin
Map & Directions
View in Google MapsPrice Change History for 2904 Pearl Street, Austin, TX (MLS® #8653104)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $1,215,000 | $60,000 (4.71%) | |
| Price Reduced (from $1,335,000) | $1,275,000 | $60,000 (4.49%) |
Property Listed by: Exp Realty, Llc
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 9th, 2024 at 5:31am 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.
All information provided is deemed reliable but is not guaranteed and should be independently verified.