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2904 Sweeney LN
Austin TX 78723 US

$614,999

Active Listing ID 2024421
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Lot: 0.17 Acres
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Quadruplex

$614,999

Active Listing ID 2024421
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2904 Sweeney LN ** 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**

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Exterior Finish: Fencing
  • Floor Covering: Carpet, Tile
  • Roof Type: See Remarks
  • Heating Fuels: Central Furnace, Fireplace
  • Additional Features
  • Fireplace

School Information

  • School
  • Pecan Springs(Elementary)
  • Bertha Sadler Means(MiddleSchool)
  • Northeast Early College(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 614999
  • unparsedaddress: 2904 Sweeney LN
  • postalcity: Austin
  • stateorprovince: TX
  • country: US
  • postalcode: 78723
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1707
  • lotsizeunits: Acres
  • lotsizearea: 0.1707
  • livingarea: 4060
  • livingareaunits: Square Feet
  • latitude: 30.306241
  • longitude: -97.679122
  • listagentfullname: Max Son
  • listagentemail: mrsonmax@gmail.com
  • listagentkey: 3yd-ABORTX-817026
  • listagentmlsid: 817026
  • listagentpreferredphone: 5124156244
  • listagentofficephone: 5129603253
  • listofficekey: 3yd-ABORTX-8160
  • listofficemlsid: 8160
  • disclaimer: Copyright © 2024 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 1972
  • listingcontractdate: 2024-08-13
  • listagenturl: https://www.joinreal.com
  • countyorparish: Travis
  • parcelnumber: 02202114430000
  • elementaryschool: Pecan Springs
  • highschool: Northeast Early College
  • elementaryschooldistrict: Austin ISD
  • middleorjuniorschooldistrict: Austin ISD
  • highschooldistrict: Austin ISD
  • appliances: Dishwasher, Dryer, Range, Washer
  • constructionmaterials: Frame
  • flooring: Carpet, Tile
  • heating: Central Furnace, Fireplace
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • interiorfeatures: Interior Steps
  • exteriorfeatures: Fencing
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -97.67912, 30.30624
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"REAL BROKER LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mrsonmax@gmail.com", "ListBrokerageCity":"Houston", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rond@joinreal.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"REAL BROKER LLC", "ListBrokeragePhone":"(512) 777-9581", "ListBrokeragePostalCode":"77056", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Ste 200", "ListBrokerageUnparsedAddress":"5100 Westheimer Rd", "ListBrokerageWebsiteUrl":"https://www.joinreal.com", "ListOfficeAddress1":"2626 Cole Avenue", "ListOfficeAddress2":"Ste. 300", "ListOfficeBrokerMlsId":"491108", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"rond@joinreal.com", "ListOfficePostalCode":"75204", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - Austin, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2904-Sweeney-Ln_Austin_TX_78723_M93783-51603?f=listhub&s=ABORTX&m=2024421&c=rexren", "MLSModificationTimestamp":"2024-12-09T10:00:09Z", "Neighborhoods":[{"Description":null, "Name":"3"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12198.63, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/9/2024 5:05:05 PM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Max Son, Real, mrsonmax@gmail.com

Copyright © 2024 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.