Austin, TX 78723,2904 Sweeney LN
See all 12 photos
Austin, TX 78723,2904 Sweeney LN
Austin, TX 78723,2904 Sweeney LN
Austin, TX 78723,2904 Sweeney LN
Austin, TX 78723,2904 Sweeney LN
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Tue
24
Dec
Wed
25
Dec
Thu
26
Dec
$ 614,999
Est. payment /mo
Save
Active

2904 Sweeney LN Austin, TX 78723

4,060 SqFt


UPDATED:

12/09/2024 04:00 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,060 sqft

Price per Sqft $151

Subdivision Manor Estates

MLS Listing ID 2024421

HOA Y/N No

Originating Board actris

Year Built 1972

Annual Tax Amount $12,198

Tax Year 2024

Lot Size 7,435 Sqft

Acres 0.1707

Property Description

** 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**

Location

State TX

County Travis

Interior

Interior Features Interior Steps, Washer Hookup

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Number 4

Fireplaces Type Living Room

Fireplace No

Appliance Dishwasher, Dryer, Range

Exterior

Exterior Feature None

Fence Wood

Community Features See Remarks

Utilities Available Above Ground, Electricity Connected

Waterfront Description None

View Neighborhood

Roof Type See Remarks

Porch None

Building

Lot Description Cul-De-Sac

Faces Southwest

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Schools

Elementary Schools Pecan Springs

Middle Schools Bertha Sadler Means

High Schools Northeast Early College

School District Austin Isd

Others

Pets Allowed Negotiable

Special Listing Condition Standard

Pets Allowed Negotiable


Listed by Real

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.