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2904 Sweeney Lane, Austin, TX 78723

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For Sale

$614,999

6 beds4,060 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $151.48
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

** 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**
MLS# 564536

Courtesy Of Real Broker, LLC

(512) 960-3253

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Range, Washer
  • Architecture Style
    New Traditional
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile
  • Heating System
    Central Furnace, Fireplace
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 2904 Sweeney Lane, Austin, TX 78723
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Home seller CENTURY 21 Integra

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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