2904 Sweeney Lane, Austin TX 78723

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$614,999

2904 Sweeney Lane, Austin, TX 78723

bedrooms

bathrooms

square feet

4,060

Acreage

0.1707

Open Houses

year built

1972

Full Baths

Half Baths

Find out more

** NEW AS OF 12/9/2024: SELLER FINANCING WITH 4% INTEREST RATE IS AVAILABLE TO QUALIFIED BUYERS, ENJOY OVER $1,000 OF MONTHLY CASH FLOW FROM DAY 1!! ** Discover a one-of-a-kind investment opportunity with this income-producing fourplex in East Austin, sitting on an MF-3 zoned lot (medium-density multifamily). $5100 monthly rental income, with room to increase rents by ~25%. Lots of upgrades including brand new roof. Desirable townhome-style units enjoy high rental demand and historically had vacancy only during make ready. Two units in the front are 2 bed/1.5 bath, two units in the back are 1 bed/1.5 bath. Each unit has a laundry room with washer and dryer hookups. Back units have spacious backyards, front units have fenced patios. Enjoy phenomenal 9.1% cap rate with market rents, coupled with the incredible appreciation potential of this rapidly gentrifying area. **Contact agent for rent rolls, pro forma, pictures of all units. 1 unit is vacant and can be shown. Occupied units shown under contract**

Location
Subdivision	Manor Estates
County	Travis
Elementary School	Pecan Springs Elementary School
Middle School	-
High School	Northeast Early College

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 564536

Listing agent: Jeffrey Mcelroy #0542753

Listing broker: Real Broker, Llc (855) 450-0442

Copyright © 2024 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, December 12 2024 at 8:20 p.m. EST

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