$1,750,000

Quadruplex In Austin

  • 2,288 Sqft
  • 6,752 Sqft lot
  • Actualizado: Agosto 19
  • Fuente:
    Unlock MLS (Austin Board of REALTORS)  MLS#6989655

Sobre la propiedad

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Rare opportunity to acquire a stabilized, income-producing multifamily property in the heart of West Campus, one of Austin’s most dynamic and redevelopment-focused neighborhoods. Just minutes from The University of Texas, downtown Austin, Texas Capitol Building, and major medical centers, this unique investment features five furnished income-producing studio residences with multiple rental strateg
Rare opportunity to acquire a stabilized, income-producing multifamily property in the heart of West Campus, one of Austin’s most dynamic and redevelopment-focused neighborhoods. Just minutes from The University of Texas, downtown Austin, Texas Capitol Building, and major medical centers, this unique investment features five furnished income-producing studio residences with multiple rental strategies, including mid-term, long-term, and short-term rental potential.

The heavy lifting has already been done. Units A through D are fully furnished. Unit A is leased through the end of 2026, Units B and C are secured under a new two-year lease with an experienced furnished rental operator, and Unit G is leased to the property’s on-site cleaner, providing immediate cash flow with minimal day-to-day management. The owner currently manages only one active Airbnb, while preserving significant future operational flexibility.

Each studio offers private exterior access, modern finishes, updated kitchens and baths, mini-split HVAC systems, in-unit laundry, and private fenced patios. Four off-street parking spaces add significant value in one of Austin’s most supply-constrained rental markets.

Beyond today’s income, the property offers exceptional long-term potential. West Campus has been the focus of Austin’s planning efforts for more than two decades, with the City encouraging high-density, pedestrian-oriented redevelopment around the University of Texas through the University Neighborhood Overlay (UNO) and its ongoing updates. The area continues to be one of Austin’s highest priorities for urban growth and increased housing capacity, making this an attractive long-term hold with future redevelopment and assemblage potential. Buyers may continue the current stabilized leasing strategy, expand furnished rental operations as leases expire (subject to applicable regulations), or position the property for future redevelopment as the neighborhood continues to evolve.
  • Tipo de propiedad

    Otros

  • Año de construcción

    1956

  • Precio/pie²

    $764

Características

  • Jardín
  • Propiedad de Inversión
  • Lavadora Secadora
  • Aire Acondicionado
  • Estufa de gas
  • Aparcamiento
  • Encimeras de piedra
  • Bar

Explorar la zona

2201 Leon ST, Austin, Texas, Estados Unidos Ver en Google Maps
Precio por sqft
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DEN Property Group - Austin

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DEN Property Group - Austin
Texas, United States
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33
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2025
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DEN Property Group - Austin
Austin, Texas, United States
Ver perfil de la agencia
Última actualización
Agosto 19
Primera publicación
Aug 19
Referencia del anuncio
6989655
Estado del anuncio
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