Great location- Amazing opportunity to be part of a Triplex boutique residence community in the heart of Austin. There is a high occupancy rate for these units due to the desirable area. Total monthly rent potential of ~$5000.Several upgrades- Brand new roof over entire property installed in 2024. Unit A has been completely remodeled and kept vacant for showing, this includes new windows and new HVAC system. Washer/dryer in each unit for convenience.This is a fabulous opportunity for an owner/occupied investment too. Your residents will enjoy being minutes away from The Triangle, Central Market, Downtown for entertainment, fine dining, coffee houses, Austin fun hotspots as well as major roads and nearby parks.Inside these beautiful units there are wood floors, high ceilings with lots of natural light, modern kitchen with gas stove, refrigerator, dishwasher, microwave and recent countertops. Lots of storage under the stairwell and in the bedroom closets.The bathroom has tile floors and tub/shower combination with recent faucets & light fixtures. The tenants will enjoy the open concept of the kitchen opening to the spacious living/dining area. Your residents can also enjoy the tree shaded, garden- like setting in the front courtyard. Plenty of parking in the front & walking distance to so many enjoyable places. This is a wonderful investment property.Unit A is on lockbox and can be shown any time until dark while Units B and C can be shown with accepted offer from the buyers. Don't miss this chance to own your own piece of Austin with its charm and desirable location.
Price
$899,000
Northfield Add
Travis
2,496 (approx)
5439703
Active
Description
Great location- Amazing opportunity to be part of a Triplex boutique residence community in the heart of Austin. There is a high occupancy rate for these units due to the desirable area. Total monthly rent potential of ~$5000.Several upgrades- Brand new roof over entire property installed in 2024. Unit A has been completely remodeled and kept vacant for showing, this includes new windows and new HVAC system. Washer/dryer in each unit for convenience.This is a fabulous opportunity for an owner/occupied investment too. Your residents will enjoy being minutes away from The Triangle, Central Market, Downtown for entertainment, fine dining, coffee houses, Austin fun hotspots as well as major roads and nearby parks.Inside these beautiful units there are wood floors, high ceilings with lots of natural light, modern kitchen with gas stove, refrigerator, dishwasher, microwave and recent countertops. Lots of storage under the stairwell and in the bedroom closets.The bathroom has tile floors and tub/shower combination with recent faucets & light fixtures. The tenants will enjoy the open concept of the kitchen opening to the spacious living/dining area. Your residents can also enjoy the tree shaded, garden- like setting in the front courtyard. Plenty of parking in the front & walking distance to so many enjoyable places. This is a wonderful investment property.Unit A is on lockbox and can be shown any time until dark while Units B and C can be shown with accepted offer from the buyers. Don't miss this chance to own your own piece of Austin with its charm and desirable location.
Listing Information
Property Type: Triplex, Multi-Family, 2 Story
0.18 Acres
2,496 (approx)
1967
2
Frame,Stone,Wood
Northfield Add
Slab
None
Public Sewer
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Neighborhood
School Information
Reilly
Lamar (Austin ISD)
McCallum
Room Information
Gas Dryer Hookup
Interior Features
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer
Tile, Wood
Central Air, Ceiling Fan(s), Zoned
Gas Heat,Central
Double Pane Windows, Window Coverings
None
Windows
Carbon Monoxide Detector(s), Smoke Detector(s)
Breakfast Bar, Ceiling Fan(s)
Exterior / Lot Features
Off Street
Wood, Stone, Frame
Patio
Composition
None
Other, City
Back Yard, Near Public Transit, Many Trees
Community Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Driving Directions
From West Koenig & Lamar go south on Lamar and turn left (at Lambs Auto) on Franklin Blvd. The units at 612 Franklin are on the left side of the street. No sign right now.
Financial Considerations
02260706190000
$16,187
Cash, Conventional
Listing Price History
Austin Real Estate
Austin is located in Texas.
Austin, Texas 78751 has a population of 986,248.
The median household income in Austin, Texas 78751 is
$75,602.
The median household income for the surrounding county is $83,177
compared to the national median of $66,222.
The median age of people living in Austin 78751 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.