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Browse More Listings in Multifamily For Sale, Austin, TX or Texas

Multifamily Property For Sale

Terrell Hill

610 Terrell Hill Drive, Austin, TX 78704

Price:
$549,000
No. Units:
3
Building Size:
2,667 SF
Price/Unit:
$183,000
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
7.40%
Occupancy:
100%
No. Stories:
1
Lot Size:
0.46 AC
Find Out More...

Last Verified 11/10/2009 Listing ID 16058490

Highlights

SF 3 Zoning.
Dividable into 2 oversized lots, allowing 4 residential units.
Cash Flow now, develop later.

All Utilities present.
St. Edwards Views, possible downtown views.
78704 Zipcode, Minutes to CBD of Austin.

Description

Large lot, nearly 20,000 sq. ft, is zoned for SF3 and currently has 3 modest houses on it. Cash flow today while you plan your redevelopment strategy. Excellent trees and incredible location.

Just off of South 1st street in one of Austin's hottest zipcodes. Terrell Hill Drive is one of the highest points in 78704, so the view lines are excellent.

Attachments

Enhanced Listing Web Site

Debt & Equity Information

Proforma
Year
2009
Scheduled Gross Income
$40,800
Net Operating Income
$40,294

Map of 610 Terrell Hill Drive, Austin, TX 78704 (Travis County)

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Presented by

The Associates in Austin

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Contact Listing Broker

Robert Nelson (512) 517-4432

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Created 1/14/2009

Additional Information for 610 Terrell Hill Drive, Austin, TX 78704

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Terrell Hill

610 Terrell Hill Drive, Austin, TX, 78704