Experienced Contractors or Developers
• commercial "16 Units + Basements"
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MLS®
#06258751
$689,000
- Bring All Offers!
Austin, Chicago
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REHABBERS, DEVELOPERS, INVESTORS: RARE OPPORTUNITY IN A FULL SIZE 16 UNIT IN AUSTIN WITH POSSITIVE CASHFLOW RENTAL INCOME OR AFFORDABLE CONDO OPPORTUNITY.
3 ENTRANCE, 3 STORY + BASEMENT;
3 BED & 2 BED UNITS, 8 OF EACH. READY TO GO, PERMITS IN HAND, READY TO BEGIN. NEW WINDOWS, EXTERIOR IN GOOD SHAPE. CALL/E-MAIL FOR COPY OF PERMITS/PHOTOGRAPHS.
Retns once complete would be 900 per each 3 bedroom and 500 per each 2 bedroom at a very conservative estimate. $11,200 monthly rental income.
This is easily an 8%+ cap rate building when complete.
MORE PHOTOS COMING SOON!!!
Property information