Description
Unique opportunity with creative finance, get $2500+ monthly cash flow! Terms for qualified buyers: 4% interest rate, $85k down, 3 yr balloon. At this price it's one of the cheapest priced fourplexes sold in Austin in the last 1,000 days. Roof replaced in 2022, foundation appears performing, one HVAC replaced in 2024. Spacious town-home style units in above average condition relative to comps, only need light cosmetics. Back units have spacious private yards. Washer and dryer hookups in every unit - not typical for fourplexes in this neighborhood, huge plus. This is one of the last few pockets in East Austin that hasn't gentrified yet - huge appreciation potential! The neighboring 10-unit has already been rehabbed and has great tenants in place. In addition, the lot is zoned MF-2 (medium-density multifamily) allowing for future redevelopment.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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4,060SQFT
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$155$/SQFT
School Information
Description
Unique opportunity with creative finance, get $2500+ monthly cash flow! Terms for qualified buyers: 4% interest rate, $85k down, 3 yr balloon. At this price it's one of the cheapest priced fourplexes sold in Austin in the last 1,000 days. Roof replaced in 2022, foundation appears performing, one HVAC replaced in 2024. Spacious town-home style units in above average condition relative to comps, only need light cosmetics. Back units have spacious private yards. Washer and dryer hookups in every unit - not typical for fourplexes in this neighborhood, huge plus. This is one of the last few pockets in East Austin that hasn't gentrified yet - huge appreciation potential! The neighboring 10-unit has already been rehabbed and has great tenants in place. In addition, the lot is zoned MF-2 (medium-density multifamily) allowing for future redevelopment.
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