1009 16th ST
Under ContractAustin, TX 78702
Muskin Elam Group LLC · MLS# 6516695 · Under Contract
$1,300,000
Beds
0
Baths
0
Sq Ft
—
Acres
0.1407
Built
1985
Type
Apartment
About This Home
Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. Convenient location within walking distance to UT, downtown, East Austin and the State Capitol with easy access North / South via I-35 and East / West via 15th St. Zoned LR-MU-NP which would allow for several development paths including residential, small-scale retail, professional office or pet services. Swedish Hill Apartments represents a compelling opportunity for investors and developers to secure a foothold in one of Austin's top performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot's proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
Interior
- Flooring
- Vinyl, Wood
- Cooling
- Central Air
- Heating
- Varies by Unit
Exterior & Lot
- Condition
- Resale
Location
1009 16th ST · Austin, TX 78702
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$1,300,000
1009 16th ST