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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,560 sqft
Price per Sqft $142
Subdivision Mission Hill Sec 02
MLS Listing ID 8172275
Sold Date 08/25/23
Originating Board actris
Year Built 1968
Annual Tax Amount $15,024
Tax Year 2023
Lot Size 8,498 Sqft
Property Description
Fully rented fourplex for sale in East Riverside! This fourplex offers easy access to many of Austin's favorite places: Downtown, the airport, Oracle, University of Texas, Tesla HQ, and more. The property is located in Opportunity Zone Tract 23.07. The location also offers tenants convenient access to transportation corridors. Where Mission Hill Drive intersects with Burleson Rd, cyclists can hop on Austin's ‘High Comfort' Bike Route which features a protected bike lane with tall, reflective pylons. Only .5miles from nearest Metro Bus Stop. Only 1.7mi bike ride to the proposed new Blue Line Lightrail stop at East Riverside Dr and Pleasant Valley Rd (all development plans include this stop). The Blue Line will connect to the downtown transit center station in all plans, and also to the airport in most plans. Total monthly income is $5,030/mo (and could be higher; units are under-rented; ask agent). 3 units HVACs replaced in 2017; 4th unit hvac replaced 2022. All units electrical panels replaced 2022. Units 101, 102 and 104 remodeled btwn 2018-2020 (about $15-20K value/e.) with new dishwashers, refrigerators, laminate flooring downstairs, and fresh paint throughout. Each unit is 1,140sqft with 2 bedrooms, 1.5 bathrooms and a large laundry room on the main floor. Each unit features a fully fenced, private backyard. Tours ONLY Wednesday mornings or Saturday afternoons; must use agent showing service to schedule.
Location
State TX
County Travis
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Interior Steps, Pantry, Walk-In Closet(s), Washer Hookup
Heating Central
Cooling Central Air, Electric
Flooring Carpet, Laminate, Linoleum, Vinyl
Fireplaces Type None
Fireplace Y
Appliance Dishwasher, Gas Range, Refrigerator
Exterior
Exterior Feature Private Entrance, Private Yard
Garage Spaces 8.0
Fence Back Yard, Fenced, Full, Wood
Pool None
Community Features Courtyard
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Shingle
Accessibility None
Porch Front Porch, Rear Porch
Building
Lot Description City Lot, Level, Near Public Transit
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick, Masonry – Partial
New Construction No
Schools
Elementary Schools Linder
Middle Schools Lively
High Schools Travis
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 1.9749
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed Negotiable
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Bought with Spyglass Realty
Realty Executives Corpus Christi & Coastal Bend
Regional Developer Texas | License ID: 408918
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