Courtesy of: Max Son, Real, mrsonmax@gmail.com
Courtesy of: Max Son, Real, mrsonmax@gmail.com
$614,999
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Lot: 0.17 Acres
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Quadruplex
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$614,999
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**
Courtesy of: Max Son, Real, mrsonmax@gmail.com
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