2,600 ft²Multifamily$310,000Sale
2,600 ft²
Multifamily
$310,000
Sale
Gene Hart
33 Realty
Two-unit 2015 rehabbed apartment building for sale in booming North Austin! 2015 rehab included: updated electric, copper plumbing, individual gas-forced heat, individual hot water tanks, kitchens, bathrooms, appliances, main sewage line upgrades, concrete in basement, and back porch
- First floor scheduled to vacate 11/30 - perfect for owner-occupant or re-tenant
- First floor one bed could be duplexed to basement
- 2015 extensive rehab - see description above
- Building is currently zoned for 3 units - basement/garden unit buildout opportunity
- Both units are occupied by CHA voucher holders
- Two-car garage in rear currently unoccupied
The Space
Asking Price$310,000
Available Space2,600 ft²
Net Operating Income$20607.760000000002
SourceBuildout
The Building - 5157 W. Wabansia - Two-Unit Investment Property in North Austin
Three blocks northwest of the intersection of N. Cicero Avenue and W. North Avenue
Property TypeMultifamily
Floors2
Building Size2,600 ft²
Lot Size0.08 AC
ZoningRS-3
Year Built1918
Year Renovated2015
Net Operating Income$20,607/yr
Commercial Location Score