$597,999
For Sale

2904 Sweeney Lane

Austin, TX 78723
4060 sqft | 0.17 acres | #5685369
Browse 5 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Price reduced and new seller financing terms are available, get $2500+ monthly cash flow! Qualified buyers can buy this property with 5% interest only payments, 15% down and 3 year balloon. In addition, this will be one of the cheapest priced fourplexes sold in Austin in the last 1,000 days.
2022 roof ($27k spent), foundation appears performing. Spacious town-home style units in above average condition relative to comps, only need light cosmetics. Back units have spacious private yards. Washer and dryer hookups in every unit - not typical for fourplexes in this neighborhood, huge plus.
This is one of the last few pockets in East Austin that hasn't gentrified yet - huge appreciation potential! The neighboring 10-unit has already been rehabbed and has great tenants in place. In addition, the lot is zoned MF-2 (medium-density multifamily), great for future redevelopment.

  • Property Details
      • Utility FeaturesAbove Ground Utilities, Electricity Connected
      • High SchoolNortheast Early College
      • Middle SchoolBertha Sadler Means
      • InteriorInterior Steps
      • SubdivisionManor Estates
      • Elementary SchoolPecan Springs
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Lot DescriptionCul De Sac
      • School DistrictAustin ISD
      • Property SubtypeQuadruplex
      • Original List Price$599,000
      • Taxes Annual$12,198
      • MLS #5685369
      • MLS #5685369
      • Acres0.1707
      • Utility SourcePublic
      • CountyTravis
      • Cost597999
      • Property ConditionResale
      • Square Feet4060
      • Year Built1972
      • FoundationSlab
      • Days on Market (Cumulative)192
      • Fireplaces4
      • Pets1

Location

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