Overview
- Property ID
- 2177230
- 2,956 ft2
- 0 ac
Description
Discover the essence of Swede Hill charm in East Austin with this unique triplex property, perfect for investors or those seeking an income-generating opportunity. Built in the 1910s, this property boasts three 1-bedroom, 1-bath units in the main house, each approximately 750 square feet, plus a detached 2-bedroom, 1-bath cottage with a separate fenced yard.
**Key Features:**
– **Prime Location:** Just blocks from downtown Austin, UT, The Moody Center, and Dell Medical, ensuring consistent rental demand.
– **Historic Appeal:** Original longleaf pine and old oak hardwood floors, built-ins, and cedar closets add character and warmth.
– **Income Potential:** Current rents are Unit A $1500, Unit B $1200, Unit C $1200, and Unit D $2225. All tenants are on month-to-month leases but are eager to stay.
This property is an excellent candidate for redevelopment or can continue as a lucrative rental. With updated plumbing, a 13-year-old roof, and a new electrical system, it’s ready for the next owner to step in and enjoy the benefits.
**Please Note:** Serious inquiries only. Showings by appointment to avoid disturbing tenants.
—
- Principal and Interest
- Property Tax
- HOA fee