About this property

Superb investment opportunity in Central Austin's 78705 Zip with much to offer*Ripe for future development on MF4 Zoned .223 AC Corner lot with on-site, designated parking, rare asphalt parking lot as opposed to street parking*These do not come up for sale very often*Site located in highly sought after North UT Campus area, near Hyde Park, this is a trophy apartment complex within blocks of campus*Area is filled with commercial and medical building/hospital offerings so popular with healthcare workers, students, faculty, staff*Fantastic location with easy access to IH35, campus, and MoPac*Near St David's Medical Center, Dell Seton, Seton Main, and Heart Hospital*Diverse eateries, cafes nearby*Bike Score 92, Walk Score 86, Transit Score 68*UT 1.2 mi, ACC 2 mi, Rail 2.4-2.9 mi, Shopping .2-.6 mi, Parks 1-2.7 mi, ABIA 13.7 mi*Two separate buildings, total of 8 units, always 100% Leased, Mixture of Professionals (many longterm tenants) and Grad Students*Leases Exp Summer 2021*NO CARPET*Two, large vintage bungalow units and 6 efficiency units*Interiors in good condition, original hardwood flooring in larger units with beautiful architecture plus updated kitchens and baths*Efficiency units have updated kitchen and baths*Efficiencies have full sized kitchens, open to well-lit living areas, have walk-in closets adjacent to full baths*No gas, All Electric, Units 1-4 individually metered for both water and electric*Units 5-8 individually metered for electric but not water*Additional monthly fee collected from those units for water*On-site laundry*Contact Listing Agent for Financial Details