$1,550,000
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702 Franklin BLVD Austin, TX 78751
3,647 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,647 sqft
Price per Sqft $410
Subdivision Northfield Add
MLS Listing ID 2540021
Sold Date 06/16/22
Originating Board actris
Year Built 2005
Annual Tax Amount $18,445
Tax Year 2021
Lot Size 7,797 Sqft
Property Description
Rare triplex investment opportunity in Central Austin. Each unit is approximately 1,350 sq ft and has a 3bd/2ba configuration with a private 1 car garage. There is additional parking space on the lot for each unit and plenty of street parking. Interior has been painted recently and other repairs have been completed to improve the property. All units feature a similar floor plan which includes a primary suite with an attached bath and 2 additional generously sized secondary bedrooms. These light-filled units offer access to a shared common yard, with the top floor unit including private balcony space. All units include spacious kitchens with gas ranges and W/D. All 3 units are leased at $2325/month. The proximity of the property to the UT campus creates high demand, low vacancy, and steady cash flow.
Location
State TX
County Travis
Interior
Interior Features Interior Steps, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplace Y
Appliance Dishwasher, Dryer, Free-Standing Gas Oven, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Exterior Steps, Private Yard
Garage Spaces 3.0
Fence Back Yard, Chain Link, Wood
Community Features None
Utilities Available Electricity Available, Natural Gas Available
View City, City Lights, Neighborhood
Roof Type Composition
Accessibility None
Porch Front Porch
Total Parking Spaces 9
Building
Lot Description City Lot, Few Trees, Near Public Transit, Trees-Small (Under 20 Ft), Views
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block, Aluminum Siding, Vinyl Siding
New Construction No
Schools
Elementary Schools Reilly
Middle Schools Lamar (Austin Isd)
High Schools Mccallum
Others
Pets Allowed Cats OK, Dogs OK, All
Restrictions None
Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan
Tax Rate 2.17668
Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, All
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Bought with eXp Realty, LLC