$1,550,000
702 Franklin Boulevard, Austin, TX
3,647
Square feet
0.18
Acres
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.
Facts & Features
ListingFeed | abor_vow |
---|---|
MLS® # | 2540021 |
List Price | $1,550,000 |
Sale Price | $1,498,000 |
Sale Date | June 16th, 2022 |
Bathrooms | 0.00 |
Square Footage | 3,647 |
Acres | 0.18 |
Year Built | 2005 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Closed |
Community Information
Address | 702 Franklin Boulevard |
---|---|
Subdivision | Northfield Add |
City | Austin |
County | Travis |
State | TX |
Zip Code | 78751 |
Amenities
Utilities | Electricity Available, Natural Gas Available |
---|---|
Features | None |
Parking | Driveway, Garage Faces Front |
# of Garages | 3 |
View | City Lights, City, Neighborhood |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Tile, Vinyl |
---|---|
Appliances | Dryer, Dishwasher, Free-Standing Gas Oven, Refrigerator, Washer |
Heating | Central |
Cooling | Central Air |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Exterior Features | Balcony, Exterior Steps, Private Yard |
---|---|
Lot Description | City Lot, Near Public Transit, Few Trees, Trees Small Size, Views |
Windows | Screens, Window Treatments |
Roof | Composition |
Construction | Aluminum Siding, Block, Vinyl Siding |
Foundation | Slab |
School Information
District | Austin ISD |
---|---|
Elementary | Reilly |
Middle | Lamar (Austin ISD) |
High | McCallum |
Additional Information
Foreclosure | No |
---|---|
Short Sale | No |
RE / Bank Owned | No |