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Home > For Sale > Multi-Family Fourplex(4 units)
Listing ID: 3694
Willowrun 4-plex, near St Ed's/SoCo/dwntwn/good $sf $285000 For Sale We can finance it! Property Description Building recently painted in and out, siding repairs, landscaped. Owners out of state and must sell.2 two bedroom, 2 one bedroom, in very nice shape - easy lease, lots of demand for this area, w/i 10 mins of downtown. Priced under market at $285,000/offers. That would put it at about $100 per square foot of living space. Recent 4 units on that street have sold for an average of $133/sf. So we're offering it at a very big discount just because of under market rents, buy on leverage while building covers itself and even as rents rise in this increasingly popular area... and owner gets all appreciation going forward. A 20% rise in values over the 3-4 years would more than double the owners equity on a building with growing cash flow. Includes washer/dryer. Units have central a/c, interior staircase, big lot with lots of parking(potential for expansion???), leased through 2008. Contact Information Contact person: Tom Seller type: Private Owner Owner Finance: MLS: Phone: Log in to view Address: Log in to view City: Austin State/Province: Zip/Postal Code: Country: Listing Information Type: Fourplex Listing Status: For Sale Price: 285000 Bedrooms: 6 Bathrooms: Stories: 2 Square Feet: Lot Size: Age of Home: Additional Feature: Appliances: Benefits: Planning to Sell or Buy a Home? Compare REALTORS® First. It's Fast and Free!