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Size
7,436 Sq Ft.
interior
0.17 Acres
Exterior
Financial
$639,000
Change Currency
$86
Price Per Sqft
$12,199
Annual taxes
Listing Details
Other
Property type
1972
Year Built
12662486
Web Id
2783594-2024421
MLS ID
57
Days Posted
Description
2904 Sweeney Ln,
Austin,
TX
78723
Austin, TX 78723
** ONE UNIT IS VACANT, TEXT AGENT TO SHOW. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES! **Discover a one-of-a-kind investment opportunity with this income-producing fourplex in East Austin, sitting on an MF-3 zoned lot (medium-density multifamily). $5100 monthly rental income, with room to increase rents by ~25%. Lots of upgrades including brand new roof. Desirable townhome-style units enjoy high rental demand and historically had vacancy only during make ready. Two units in the front are 2 bed/1.5 bath, two units in the back are 1 bed/1.5 bath. Each unit has a laundry room with washer and dryer hookups. Back units have spacious backyards, front units have fenced patios. Enjoy phenomenal 9.1% cap rate with market rents, coupled with the incredible appreciation potential of this rapidly gentrifying area.Contact agent for rent rolls, pro forma and pictures of all units. Occupied units will be shown under contract. Please follow the offer instructions when submitting offers.
Amenities
- Dishwasher
- Dryer Included
Price History
| date | price | variance | type |
|---|---|---|---|
| 9/15/2024 | $639,000 | 1.54 % | decreased |
| 8/13/2024 | $649,000 | - | Listed |
Listing By: Real via Data Source: AUSTIN MLS
listing agent: Maxim Son
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