$745,000

1609 Morgan LN, Austin, TX 78704

  • 2,552 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Huge .3 acre flat lot in 78704! Money making 4 plex. All great long term tenants with monthly total rents at 4800. Perfect location and easy to keep rented. Tons of potential for redevelopment. All 4 units have updated Carrier mini splits. Recent 30 yr roof and water heaters. Updated smoke and carbon dioxide detectors. Stucco/rock exterior for low maintenance. Keep the tenants in place to cover holding costs while you get plans and permits approved or just keep the place with rents churning as is. Each unit can be viewed during option period/inspections. Owner would want a 1031 exchange. I will set up showings for serious interest w/at least one unit. Agents, feel free to walk outside the property(text me a time/date) with your buyers but please DO NOT bother my tenants, thank you:)

Listing Status:
Active
Listing Office:
Compass RE Texas, LLC : (512) 575-3644
Listing Agent:
Tom Shiery : (512) 775-6789
MLS ID:
8094917
  • General: Ceiling Fan(s)No Interior Steps
  • Rooms: Primary BedroomKitchenLiving Room
  • Appliances: Gas RangeRefrigerator
  • Laundry: None
  • Flooring: CarpetTileWood
  • A/C: DuctlessHeat Pump
  • Heating: Heat Pump
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: NoneNone
  • General: None
  • Other Structures: Shed(s)Rear Porch
  • Pool: None
  • Parking: AssignedAttached
  • Roofing: CompositionMixed
  • Windows: BlindsWood Frames
  • General: TwoSlab
  • HOA Amenities: None
  • Originating MLS: actris
  • School District: Austin ISD
  • County: Travis
  • Zoning: 0.3010 AC OF LOT 10A&10B RESUB OF LT 10 BANISTER HEIGHTS04060901360000
  • View: None
  • Fencing: None
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: actris

This listing courtesy of Tom Shiery, Compass RE Texas, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Galindo Elementary School

3800 S 2nd St, Austin, TX, 78704

Grades EE-5

0.64 miles away

L

Lively Middle School

201 E Mary St, Austin, TX, 78704

Grades 6-8

2.14 miles away

R

Richards School for Young Women Leaders

2206 Prather Ln, Austin, TX, 78704

Grades 6-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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