2904 sweeney

austin, TX 78723

2904 sweeney

  • austin, TX 78723
  • Manor Estates
  • $614999
  • N/ABed
  • N/ABath
  • 4,060SQFT

Details

StatusActive
Year Built1972
CountyTravis
Flooring
Lot Size0.1707
Parking
Total Stories
CoolingCentralAir
School District austin isd
Schools northeast early collegepecan springs elementary school
FireplaceLivingRoom
Property Type quadruplex
property description

** 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**

LOCATION


Courtesy of Real Broker

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