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2904 Sweeney Lane
Austin, TX 78723
0 Beds
0 Baths
4,060 sq ft
MLS 564536
MLS 564536
Beds
Baths
Sq Ft
** NEW AS OF 12/9/2024: SELLER FINANCING WITH 4% INTEREST RATE IS AVAILABLE TO QUALIFIED BUYERS, ENJOY OVER $1,000 OF MONTHLY CASH FLOW FROM DAY 1!! ** 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, pictures of all units. 1 unit is vacant and can be shown. Occupied units shown under contract**
On the market for 25 days
Multi-Family built in 1972
$151 per sq ft
No Pool
Summary of the property details
Sq. Ft:
4,060
Stories:
2
Style:
Quadruplex
Year Built:
1972
County:
Travis
Last updated Dec 31, 2024
Parking, utilities, etc for the listing
Additional Fee:
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Year Built:
1972
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Dryer, Dishwasher, ElectricRange, Range
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Real Broker
Homes similar to 2904 Sweeney Lane are listed between $249,500 and $850,000 at and average of per square foot.
