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Austin, TX 78748
$700,000
RENTS OUTPERFORMING MARKET RATES!! **6.9% CAP RATE** **9.11 GRM** Long-Term Tenants on 2 of The Units!! More recent work done on this quadplex with AC done within the last 5 years. Roof Done within the last 3 years. Newer Siding. Newer Paint. All Carpet Removed in ALL Units and replace with laminate. Newer Toilets throughout. Currently all Section 8 housing investment that is MINIMIZING CAP-EX. EXCELLENT LOCATION for Shopping and Bus Routes. Occupied Units due for up to 10% increase in annual rents.
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Listed by Pauly Campanaro, eXp Realty, LLC