2904 sweeney lane, austin, TX 78723

** NEW AS OF 12/9/2024: SELLER FINANCING WITH 4% INTEREST RATE IS AVAILABLE TO QUALIFIED BUYERS ENJOY OVER $1 000 OF MONTHLY CASH FLOW FROM DAY 1!! ** Discover a one-of-a-kind investment opportunity with this income-producing fourplex in East Austin sitting on an MF-3 zoned lot (medium-density multifamily). $5100 monthly rental income with room to increase rents by ~25%. Lots of upgrades including brand new roof. Desirable townhome-style units enjoy high rental demand and historically had vacancy only during make ready. Two units in the front are 2 bed/1.5 bath two units in the back are 1 bed/1.5 bath. Each unit has a laundry room with washer and dryer hookups. Back units have spacious backyards front units have fenced patios. Enjoy phenomenal 9.1% cap rate with market rents coupled with the incredible appreciation potential of this rapidly gentrifying area. **Contact agent for rent rolls pro forma pictures of all units. 1 unit is vacant and can be shown. Occupied units shown under contract**

Information provided by Central Texas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Listing By: Jeffrey McElroy of Real Broker, Phone: 512-960-3253