Description
LOCATION, LOCATION, LOCATION! Investor-friendly quadruplex - steady cash flow / 100% occupancy by long-term tenants / never vacant due to constant demand! Close to downtown, shopping, dining, St. Mary's University, and Woodlawn Lake Park! The property is conveniently located near the intersection of Culebra and Zarzamora / 2.5 miles from downtown / 1 mile from I-10; public transportation is available. As the new owner, youll have a golden opportunity to raise the rent in this booming area. The main building (units 1,2,3) is a triplex / 1826 sq ft / built in 1930 /new roof installed in 2017 / units 1 and 3 renovated inside in 2017; unit 2 fully renovated in 2022. Unit 4 is a separate house / 695 sq ft / built in 1980 / new roof installed in 2017 / renovated inside in 2018. 2021-22 upgrades and improvements include: - New boiler - New wooden fence - New Hardie Plank siding installed; structural integrity checked under the siding and required work done; insulation added - New windows - New external doors and frames - New gutters - Front and side view surveillance cameras This quadruplex is priced to sell - don't miss the opportunity to own a steadily appreciating income property close to downtown!
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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2,521SQFT
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$145$/SQFT
School Information
Description
LOCATION, LOCATION, LOCATION! Investor-friendly quadruplex - steady cash flow / 100% occupancy by long-term tenants / never vacant due to constant demand! Close to downtown, shopping, dining, St. Mary's University, and Woodlawn Lake Park! The property is conveniently located near the intersection of Culebra and Zarzamora / 2.5 miles from downtown / 1 mile from I-10; public transportation is available. As the new owner, youll have a golden opportunity to raise the rent in this booming area. The main building (units 1,2,3) is a triplex / 1826 sq ft / built in 1930 /new roof installed in 2017 / units 1 and 3 renovated inside in 2017; unit 2 fully renovated in 2022. Unit 4 is a separate house / 695 sq ft / built in 1980 / new roof installed in 2017 / renovated inside in 2018. 2021-22 upgrades and improvements include: - New boiler - New wooden fence - New Hardie Plank siding installed; structural integrity checked under the siding and required work done; insulation added - New windows - New external doors and frames - New gutters - Front and side view surveillance cameras This quadruplex is priced to sell - don't miss the opportunity to own a steadily appreciating income property close to downtown!
© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2022-05-25T16:01:01.347.