516 E 40th ST Austin, TX 78751
3,960 SqFt
UPDATED:
01/07/2025 11:21 PM
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $404
Subdivision Oaklawn Add
MLS Listing ID 2871159
Originating Board actris
Year Built 1972
Tax Year 2023
Lot Size 7,143 Sqft
Property Description
The complex consists of 10 well-maintained units 2 storage rooms, and a washer/dryer that provide additional income, providing the perfect opportunity for investors looking to capitalize on Austin's dynamic rental market. Whether you're looking to expand your portfolio or seek long-term growth in a neighborhood with a rich history and prime location, this property is an ideal choice. Don't miss out on this exceptional investment opportunity in one of Austin's most coveted locations. Schedule a tour today!
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace N
Exterior
Utilities Available Above Ground, Cable Connected, Electricity Connected, High Speed Internet, Natural Gas Connected
View None
Accessibility None
Total Parking Spaces 10
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Masonry – All Sides
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional, 1031 Exchange
Tax Rate 1.98
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition See Remarks