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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, you’ll 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!
Location
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Based on information from the 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. Copyright © 2022 Austin Board of Realtors
