$1,750,000

Quadruplex à Austin

  • 2,288 Sqft
  • 6,752 Sqft lot
  • Mis à jour: Août 19
  • Source:
    Unlock MLS (Austin Board of REALTORS)  MLS#6989655

À propos de la propriété

La description a été traduite automatiquement.
La description est affichée dans la langue d'origine.
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.
  • Type de propriété

    Autres

  • Année de construction

    1956

  • Prix/pied²

    $764

Caractéristiques

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2201 Leon ST, Austin, Texas, États-Unis Voir sur Google Maps
Prix par sqft
Faible
Élevé

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DEN Property Group - Austin
Texas, United States
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DEN Property Group - Austin
Austin, Texas, United States
Voir le profil de l’agence
Dernière mise à jour
Août 19
Première mise en ligne
Aug 19
Référence de l’annonce
6989655
Statut de l’annonce
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