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8616 Putnam Dr, Austin, TX 78757

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For Sale

$995,000

8 beds • 4 baths • 4 half baths • 4,078 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $243.99
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

WOW! 6,850 per month income. Long-term tenants for 12 to 17 years. Rent paid through Zelle. Beautifully maintained, locally owned, and professionally managed since 2007. Four walk-up, garden-style apartment units, each approximately 1,010 square feet with 2 bedrooms and 1.5 baths. Located minutes from The Domain and The Arboretum. PROPERTY IMPROVEMENTS AND REMODELS 2024 Upgrades Private fenced xeriscape courtyards for each unit Six foot galvanized steel privacy panels on welded steel frames with metal gates Lockable security screen doors installed on each exterior door All units equipped with rekeyable Kwikset locks Rear yard shared by tenants with a six foot cedar privacy fence, lawn, and mature shade trees 2019 Renovations Four 14 SEER HVAC systems Utility sheds for each unit housing new water heaters and furnaces Eight second floor energy efficient double pane and double hung windows New insulation and Hardie board concrete siding Repaved parking lot with eight dedicated spaces, two per unit, plus additional street parking UNIT FEATURES Refrigerator and gas oven and stovetop Dishwasher hookups. Unit 104 includes a dishwasher Laundry room with washer and dryer hookups in an unconditioned space Units 101 and 104 include decorative fireplaces that are closed off Ceramic tile flooring on the first floor, stair landings, and bathrooms Vinyl plank flooring in bedrooms. No carpet and no pets Motion sensor courtyard lighting Select units include patio doors or French doors opening to courtyards Corner lot with mature trees and low maintenance landscaping Rear property line adjoins another fourplex. A church is located to the right Easy to show with twenty four hour notice through the Showing App AVAILABLE PROPERTIES, SEPARATE OR PACKAGE 8616 Putnam Drive and 9007 Quail Valley
MLS# 3877142

Courtesy Of Listing Spark

(877) 897-7275

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows, Patio, Ceiling Fan
  • Appliances
    Oven, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick Veneer
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Linoleum
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 8616 Putnam Dr, Austin, TX 78757

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.