2411 S 5th ST Austin, TX 78704
4,760 Sq. Ft. / 15,189 Sq. Ft., 0.349 acres lot size / Apartment, Business Opportunities
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Value Added Opportunity on a six unit apartment complex in the heart of Bouldin Creek. This six unit complex sits on a .349 acre tract with the engineering reports showing how an additional six units can be added to the tract to maximize the return for an investor. A full copy of the Architectural Feasibility Report can be requested under separate cover. Complex is currently leased with under market rental rates, so there is an upside for immediate increase in cash flow with the potential for value added increases in the future. With this outstanding location just blocks from the SoCo District and in the Bouldin Creek District, the opportunity to convert this complex to Short Term Corporate Rental for maximization of rental exists or to convert to Condominiums for sale of individual units. All facts to be confirmed by the buyer prior to closing.
property details
Type
Apartment, Business Opportunities
Status
Active
County
Travis
Year Built
1960
Sq. Ft.
4,760
Lot Size
15,189 Sq. Ft.
Listing Id
9030055
Courtesy Of
Allan Hanson - Berkshire Hathaway TX Realty (512) 483-6000
List Office Phone
+1 (512) 483-6000
Subdivision
Southwood Annex
Interior Features
Flooring
Laminate
Carpet
Carpet
Living Area Units
Sq. Ft.
Exterior Features
Lot/Land Description
Level
Parking
Gravel
Off Street
On Site
Parking Lot
Unassigned
Off Street
On Site
Parking Lot
Unassigned
Foundation
Slab
Stories
2
Parking Spaces
10
Utility & Building Info
Sewer
Public Sewer
Parcel Number
04020404120000
Cooling
Central Air
Water Source
Public
Heating
Gas Heat
Tax Amount
17224
Building Area Total
4,760 Sq. Ft.
Price Per Sq Ft
$368
Architectural Style
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
03/10/2024
03/10/2024
|
Active |
$1,750,000
|
Austin/Central Texas (ACTRIS) |
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Market Trends
Source: LiveBy
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