Prime Investment Opportunity Minutes from Downtown Austin! Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. 3 successful units and a proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key… Read More Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently rentals, providing a steady stream of income. With 3 years of proven revenue, this is an opportunity you can’t pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today! Read Less
Property listed by JBGoodwin REALTORS WL 512-502-7601 (512) 502-7601
Listing Snapshot
Days Online
36
Last Updated
Property Type
Triplex
Square Ft.
2,292
Lot Size
0.26 Acres
Year Built
1938
MLS Number
6389057
Additional Details
Building
Built in 1938, Stories: 2, 2,292 sqft living area, Masonry, Wood Siding, Two
Disclosures
Seller Disclosure
Exterior Features
Private Entrance, Private Yard, Rain Gutters
Fence
Back Yard, Wood, Wrought Iron
Floors
Tile, Wood
Foundation
Pillar Post Pier, Slab
Heating
Central, Varies By Unit
Interior Features
Separate Formal Dining Room, Eat In Kitchen, High Speed Internet, Multiple Dining Areas, Main Level Primary, Storage
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