$525,000
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1,343 SqFt
SOLD DATE : 02/22/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,343 sqft
Price per Sqft $386
Subdivision Payne Lloyd W
MLS Listing ID 5475581
Sold Date 02/22/24
Originating Board actris
Year Built 1964
Annual Tax Amount $9,662
Tax Year 2023
Lot Size 0.262 Acres
Property Description
**For full Offering Memorandum go to tinyurl.com/1608parker ** There is a lot to love about this Riverside duplex. Both units come occupied with great tenants and both sides have private laundry facilities and covered parking. However, the investor still has the opportunity to raise rents to increase cash flow. The location is prime. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin. The duplex is also just a short walk from the UT Shuttle bus and Metro lines.
Note that the sewer lines have been replaced with PVC and the foundation has been repaired with steel piers which will save the buyer tens of thousands of dollars in repair costs.
Location
State TX
County Travis
Interior
Interior Features None
Heating Central, Varies by Unit, Wall Furnace
Cooling Central Air, Varies by Unit, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Number 2
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator
Exterior
Exterior Feature Private Yard
Fence Wood
Community Features None
Utilities Available High Speed Internet, Phone Available
Waterfront No
Waterfront Description None
View None
Roof Type Composition
Accessibility None
Porch Covered, Patio
Parking Type Carport
Total Parking Spaces 2
Building
Lot Description Trees-Moderate
Faces North
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick Veneer,Frame
New Construction No
Schools
Elementary Schools Travis Hts
Middle Schools Martin
High Schools Travis
School District Austin Isd
Others
Pets Allowed Cats OK, Dogs OK
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 1.9749
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK
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