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2904 Sweeney LN
Austin TX 78723 US

$615,000

Active Listing ID 2024421
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Lot: 0.17 Acres
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Quadruplex

$615,000

Active Listing ID 2024421
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2904 Sweeney LN ** PRICE REDUCED - WE ARE THE LOWEST PRICED QUADPLEX IN AUSTIN BY FAR ** ONE UNIT IS VACANT, TEXT AGENT TO SHOW. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES! ** 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 and pictures of all units. Occupied units will be 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: 615000
  • 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":"2024-11-06T10:47:09Z", "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: 11/8/2024 8:32:36 AM GMT
Source Updated Date: 11/24/2024 6:57:30 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.