Discover the essence of Swede Hill charm in East Austin with this unique triplex property, perfect for investors or those seeking an income-generating opportunity. Built in the 1910s, this property boasts three 1-bedroom, 1-bath units in the main house, each approximately 750 square feet, plus a detached 2-bedroom, 1-bath cottage with a separate fenced yard. **Key Features:** - **Prime Location:** Just blocks from downtown Austin, UT, The Moody Center, and Dell Medical, ensuring consistent rental demand. - **Historic Appeal:** Original longleaf pine and old oak hardwood floors, built-ins, and cedar closets add character and warmth. - **Income Potential:** Current rents are Unit A $1500, Unit B $1200, Unit C $1200, and Unit D $2225. All tenants are on month-to-month leases but are eager to stay. This property is an excellent candidate for redevelopment or can continue as a lucrative rental. With updated plumbing, a 13-year-old roof, and a new electrical system, it’s ready for the next owner to step in and enjoy the benefits. **Please Note:** Serious inquiries only. Showings by appointment to avoid disturbing tenants. ---
MLS# | 4486984 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1910 |
Days On Site | 121 |
Listing Provided By | All Access Austin | Maryleigh Dejernett |
SQ Feet | 2,956 |
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Story(s) | 2 |
Acreage | 0.20 |
Property View | City, Neighborhood, Skyline |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78702 |
Area | 5 |
Community Name | Rectors |
School District | McCallum |
Elementary School | Campbell |
Middle School | Kealing |
High School | McCallum |
Listing VS Median (in Rectors) | |
Price: $1,250,000 low | high Med: $1,250,000 SqFt: 2,956 low | high Med: 2,956 $ / SqFt: $423 low | high Med: $423 On Site: 121 low | high Med: 121.000000 |