$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

Listing Map

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