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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,904 sqft
Price per Sqft $166
Subdivision Holiday Heights Sec 1
MLS Listing ID 8423700
Sold Date 08/22/23
Originating Board actris
Year Built 1968
Annual Tax Amount $10,832
Tax Year 2022
Lot Size 9,382 Sqft
Lot Dimensions 0 x 0
Property Description
Welcome to this exceptional investment opportunity! This quadruplex features two 2be/1ba units and two 1be/1ba units. The property includes a vacant storage building that can be converted to a shared laundry room or other additional stream of income. It is situated in a dynamic neighborhood that is experiencing positive changes.
Currently, 2 units are vacant and 2 are undergoing eviction. One writ of possession is scheduled for 6/1 and the other has the appealed court date set for 6/1.
The property will require updates and maintenance. This presents an opportunity to add value and increase your returns with sweat equity before fetching market rent values that have escalated significantly in the past 2 years. Tap into the growing demand for quality housing in North Austin!
Don't let this opportunity pass you by! Viewings by appointment only - text property manager to schedule.
Location
State TX
County Travis
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Interior Steps, Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Tile, Vinyl
Fireplace Y
Appliance Dishwasher, Electric Range, Freezer, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
Exterior
Exterior Feature Balcony, Gutters Partial
Fence None
Pool None
Community Features Common Grounds, Curbs
Utilities Available Electricity Available, Water Available
Waterfront No
Waterfront Description None
View None
Roof Type Mansard
Accessibility None
Porch Patio
Parking Type Asphalt, Common, Outside, Parking Lot, Paved
Total Parking Spaces 8
Building
Lot Description Cul-De-Sac, Curbs, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick Veneer, Vertical Siding
New Construction No
Schools
Elementary Schools Brown
Middle Schools Webb
High Schools Navarro Early College
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA Loan
Tax Rate 1.975
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Description Negotiable
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Bought with North Loop Realty
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Heather Witte
Broker Associate | License ID: 550616
Broker Associate License ID: 550616