Average square foot calculated using Size range provided by listing agent.
Description
Currently earning $6, 000/month in rent with room to renovate + increase rent OR condoize and sell individually! Rare opportunity to own an income-producing 4-plex in the heart of 78704—one of Austin’s most coveted and central neighborhoods! This nicely updated investment property is ideally situated near all the best of South Austin, including the shops and dining of South Lamar, South 1st, and South Congress, with quick access to 290/71 for smooth connections to Mopac, 183, and the rest of the city. Each unit has been thoughtfully refreshed and features functional layouts with kitchens that open to the living rooms, creating a welcoming and efficient space. Tenants enjoy their own private backyard areas—just enough for relaxing, entertaining, or a small garden—while recent upgrades like a newer HVAC system and water heater add peace of mind for the next owner. Whether you're looking to expand your portfolio or live in one unit while renting out the others, this property already comes with excellent tenants in place and solid cash flow potential. A rare gem in a high-demand area with everything going for it—location, condition, and income!Show Description