MLS#6516695
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONRectors
Property Description
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.
Property Features
Property Type: Commercial -
Cooling: Central Air
Heating: Varies by Unit
Lot Size: 0.14 Acres
Taxes: $17,395
Year Built: 1985
Feature Descriptions
Area #: 5
Building Features: Multi-User
Days on Site: 36
Exterior: HardiPlank Type, Wood Siding
Flood Plain: No
Flooring: Vinyl, Wood
Parcel#: 02090610050000
Parking Notes: None
Sewer: Public Sewer
Topography: Flat
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Muskin Elam Group LLC
Agency Contact: (512) 343-2700
Shown By
Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City
1009 E 16th St | MLS# 6516695
This commercial property located at 1009 E 16th St, Austin, TX 78702 is currently listed for sale with an asking price of $1,300,000. Search Austin real estate on gilbertg.rmcapitalcity.com today.