$1,200,000
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4,192 SqFt
SOLD DATE : 04/05/2022
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $286
Subdivision Cherry Creek Ph V Sec 01
MLS Listing ID 7021779
Sold Date 04/05/22
Originating Board actris
Year Built 1983
Annual Tax Amount $15,192
Tax Year 2021
Lot Size 0.371 Acres
Property Description
**Multiple Offers - Please refer to submission doc.** This is a powerful investment opportunity in one of Austin's hottest zip codes! Rents currently total above $6100 per month in this beautifully updated multi-family gem. This 4-plex is completely turnkey: new windows, new Hardi siding, appliances are in great condition, etc. Nothing to do here but plug and play. Countless updates have been done to this property, both inside and out. Detailed information regarding upgrades, appliances, operating expenses, etc. have been loaded into the documents section. This one is completely ready, cash flowing 54K per year after expenses. New HARDI-PLANK SIDING, ALL NEW WINDOWS (38), 2 NEW HVAC, and much more. There is not a better multi-family investment in South Austin. ****ALL UNITS ARE OCCUPIED AND AVAILABLE FOR SHOWINGS AFTER AN EXECUTED CONTRACT**** ****PLEASE SEE ALL SUPPLEMENTARY DOCUMENTS**** ****Please DO NOT DISTURB tenants.***
Location
State TX
County Travis
Interior
Interior Features Two Primary Baths, Two Primary Suties, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Double Vanity, No Interior Steps, Recessed Lighting, Storage, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplaces Number 4
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, RNGHD, Refrigerator, Washer/Dryer
Exterior
Exterior Feature Balcony, Exterior Steps
Fence None
Community Features Curbs, Nest Thermostat
Utilities Available Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
Waterfront No
View Park/Greenbelt, Trees/Woods
Roof Type Composition
Accessibility None
Porch None
Parking Type Carport, Parking Lot
Total Parking Spaces 12
Building
Lot Description Back to Park/Greenbelt, Back Yard, Curbs
Faces North
Foundation Pillar/Post/Pier, Raised
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Sunset Valley
Middle Schools Covington
High Schools Crockett
Others
Pets Allowed Negotiable
Restrictions Deed Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 2.17668
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Description Negotiable
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