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, its ready for the next owner to step in and enjoy the benefits.
Extra Information for 1002 E 15th St Austin, TX
- Seller Type:
- Category: Single-Family Houses
- Amenities: Wood Floors
- Listed Date: Sep 18, 2024
