$850,000
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5313 Indio DR Austin, TX 78745
4,192 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $212
Subdivision Cherry Creek Ph V Sec 01
MLS Listing ID 4677029
Sold Date 01/20/21
Originating Board actris
Year Built 1983
Annual Tax Amount $11,621
Tax Year 2020
Lot Size 0.371 Acres
Property Description
***Multiple Offers Received, Seller making decision by noon January 6th*** An incredible opportunity to own a POWERFUL, UPDATED, CASH-FLOWING multiplex in popular, South Austin! With a cap rate at 6.4%, this is a surefire investment. Countless updates have been done to this property, both inside and out. Detailed information regarding upgrades, appliances, operating expenses, etc. have been loaded into the documents section. This one is completely "plug and play", cash flowing 55K per year after expenses. New HARDI-PLANK SIDING, ALL NEW WINDOWS (38), 2 NEW HVAC, and much more. There is not a better multi-family investment in South Austin. ****UNIT A AVAILABLE FOR SHOWINGS. ALL OTHER UNITS ARE OCCUPIED AND AVAILABLE FOR SHOWINGS AFTER AN EXECUTED CONTRACT**** ****PLEASE SEE ALL SUPPLEMENTARY DOCUMENTS****
Location
State TX
County Travis
Interior
Interior Features Two Primary Baths, Two Primary Suties, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Double Vanity, No Interior Steps, Recessed Lighting, Storage, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplaces Number 4
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Free-Standing Range, RNGHD, Refrigerator, Washer/Dryer
Exterior
Exterior Feature Balcony
Fence None
Community Features Curbs, Nest Thermostat
Utilities Available Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
View Park/Greenbelt, Trees/Woods
Roof Type Composition
Accessibility See Remarks
Porch None
Total Parking Spaces 12
Building
Lot Description Back Yard, Curbs
Faces North
Foundation Pillar/Post/Pier, Raised
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Sunset Valley
Middle Schools Covington
High Schools Crockett
Others
Pets Allowed Negotiable
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 2.14486
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed Negotiable
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Bought with Non Member