Description
Another powerful investment opportunity in South Austin with current rent capabilities of $6400+, currently putting this 4-plex at a 5.4% CAP RATE! This magnificent quadruplex has four updated units with all HVAC units replaced in 2016. Two of the four units are currently leased until mid 2024, 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.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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4,568SQFT
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$230$/SQFT
School Information
Description
Another powerful investment opportunity in South Austin with current rent capabilities of $6400+, currently putting this 4-plex at a 5.4% CAP RATE! This magnificent quadruplex has four updated units with all HVAC units replaced in 2016. Two of the four units are currently leased until mid 2024, 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.
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Based on information submitted to the MLS GRID as of 2023-06-03T10:01:20.403 (date and time MLS GRID Data was obtained).
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