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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $311
Subdivision Barton Village Sec 02
MLS Listing ID 1613964
Sold Date 10/14/22
Originating Board actris
Year Built 1967
Annual Tax Amount $18,272
Tax Year 2021
Lot Size 9,278 Sqft
Property Description
SELLER FINANCING AVAILABLE AT 4.85%! Skip the hassle of the traditional mortgage process and circumvent skyrocketing interest rates with this rare opportunity to purchase a central Austin investment with Seller Financing. Contiguous properties with one owner allow for seller financing of both as well as a number of ways to structure the sale, depending upon buyer needs. Contact listing agent for more details. 2804 Westhill Dr and neighboring 2802 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2802 Westhill is 2519034) present an opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Quote for condo regime has been requested and will be added to the docs once received. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Don’t miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.
Location
State TX
County Travis
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Heating Central, Natural Gas
Cooling Central Air, Electric
Flooring Tile, Vinyl
Fireplace Y
Appliance Dishwasher, Disposal, Exhaust Fan, Range, Refrigerator, Water Heater
Exterior
Exterior Feature Private Yard
Fence Back Yard, Privacy
Community Features None
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Waterfront No
View Neighborhood
Roof Type See Remarks
Accessibility None
Porch Patio
Parking Type Off Street, Parking Lot
Building
Lot Description Back Yard, Trees-Medium (20 Ft - 40 Ft)
Faces East
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Barton Hills
Middle Schools O Henry
High Schools Austin
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional, Owner May Carry, See Remarks
Tax Rate 2.17668
Listing Terms Cash, Conventional, Owner May Carry, See Remarks
Special Listing Condition Standard
Pets Description Negotiable
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Bought with Waterloo Realty, LLC
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Karla And Victor Aguilar
Agent/Team Lead | License ID: 0664760
Agent/Team Lead License ID: 0664760