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- MLS#1256202
- TypeIncome
- CountyTRAVIS
- CityAustin
- Area4
- NeighborhoodHyde Park Add 02
- Zip78751
- StyleQuadruplex
- Year Built1929
- Taxes16052
- Price$ 3,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2904
- Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Horizon Realty
Property Description
Be the owner of this one-of-a-kind property in Hyde Parks Historic District. Two properties sold together for a total of 8 residential units. Avenue C underwent a painstaking but award-winning restoration and renovation in 2019, bringing a previously decrepit multi-family residence to become a show stopper of modern efficiency and design. Two properties together offer 8 total residences. 6 one bedroom/one bathroom units and 2 two bedroom/one bathroom units. 2 ground floor units are ADA accessible. 11 total parking spaces provide at least 1 parking spot per bedroom. 2 of the spots are ADA, as well. All utilities are sub-metered for the tenant to pay individually. All units are supplied with full-sized washer and dryers, a full suite of high-end kitchen appliances, tankless water heaters and 19.5 or 20.5 SEER rated HVACs. Tenants will delight in extra deep soaking tubs, floating vanities, vintage cabinet colors and hex tile floors, hardwood or concrete floors and tall and/or vaulted ceilings. All units deliver abundant natural light from dual paned windows and skylights. 5 of the 8 units offer tenants fenced yards. Cash flow is good with a ~5% increase in rents over first year leases. The majority of original tenants remain touting a robust 63% renewal rate. 100& occupancy as of 11/15/20. Pets are limited but deposits are hefty and pet rents are in place. MORE PHOTOS AND FLOORPLANS ON PROPERTY WEBSITE. https://www.cribflyer.com/4004-4006-avenue-c
Elementary School | Middle School | High School |
---|---|---|
Lee Elementary School | Kealing Middle School | McCallum High School |
Price History | |
---|---|
11/17/2020 | Listed $3,200,000 |
General Features
Accessibility | AccessibleFullBath, CentralLivingArea, AccessibleHallways |
---|---|
Appliances | Dryer, Dishwasher, ExhaustFan, Disposal, GasRange, GasWaterHeater, Microwave, Refrigerator, TanklessWaterHeater, Washer |
Association Y/N | No |
Community Features | BicycleStorage, CommunityMailbox, Curbs |
Elementary School | Lee |
Energy Efficient | HVAC, Insulation, Lighting, Materials, Thermostat, WaterHeater, Windows |
Exterior Features | ExteriorSteps |
Flooring | Concrete, Tile, Wood |
Garage Spaces | 0.0 |
Green Sustainability | SalvagedMaterials |
Heating | Central, NaturalGas |
High School | McCallum |
High School District | Austin ISD |
Interior Features | BreakfastBar, Bookcases, BuiltinFeatures, CeilingFans, DoubleVanity, EatinKitchen, HighCeilings, LowFlowPlumbingFixtures, NoInteriorSteps, OpenFloorplan, RecessedLighting, SoakingTub, VaultedCeilings |
Levels | Two |
MLS Area | 4 |
Middle/Junior High School | Kealing |
New Construction | No |
Parking Features | AlleyAccess, Assigned, Concrete, OffStreet, Outside, ParkingLot, VariesbyUnit |
Pets Allowed | Yes |
Property SubType | Quadruplex |
Property Type | ResidentialIncome |
Roof | Composition |
Sewer | PublicSewer |
Special Listing Conditions | Standard |
Terms | Cash, Conventional |
View | Neighborhood |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Laundry Features | WasherHookup, DryerHookup, GasDryerHookup |
Living Area | 2904.0 |
Exterior Features
Covered Spaces | 0.0 |
---|---|
Fencing | Fenced, FrontYard, Partial, Privacy, Wood |
Foundation Details | Combination, PillarPostPier, Slab |
Horse Y/N | Yes |
Lot Features | Alley, NearGolfCourse, InteriorLot, Landscaped, NativePlants, NearPublicTransit, TreesLargeSize |
Lot Size Acres | 0.14 |
Lot Size Area | 0.14 |
Water Source | Public |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool