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Lindsay Brewster

lindsay@purerealty.com +1(737) 351-1150

$1,300,000

Est. payment - /mo

3,819 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,819 sqft

Price per Sqft $340

Subdivision Rectors

MLS Listing ID 6516695

Year Built 1985

Annual Tax Amount $17,395

Tax Year 2025

Lot Size 6,128 Sqft

Acres 0.1407

Property Sub-Type Apartment

Source actris

Property Description

Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. Convenient location within walking distance to UT, downtown, East Austin and the State Capitol with easy access North / South via I-35 and East / West via 15th St. Zoned LR-MU-NP which would allow for several development paths including residential, small-scale retail, professional office or pet services. Swedish Hill Apartments represents a compelling opportunity for investors and developers to secure a foothold in one of Austin's top performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot's proximity to downtown and views make it an attractive immediate or long-term redevelopment option.

Location

State TX

County Travis

Zoning LR-MU-NP

Interior

Heating Varies by Unit

Cooling Central Air

Flooring Vinyl, Wood

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View None

Total Parking Spaces 7

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type,Wood Siding

New Construction No

Others

Special Listing Condition Standard

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Listed by Muskin Elam Group LLC

NEARBY SCHOOL & BUSINESS

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Lindsay Brewster

+1(737) 351-1150

Director of Business Development, REALTOR® | License ID: 780754

Director of Business Development, REALTOR® License ID: 780754

1009 E 16th ST Austin, TX 78702

Lindsay Brewster

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION