$5,900,000
1900 San Gabriel Street, Austin, TX
0.44
Acres
Gold Tier Real Estate is proud to present a value-add multifamily asset with close proximity to the University of Texas at Austin and Downtown Austin. With a total of 23 beds, 22 baths, and 16 garage spaces, this property is unique in nature and possesses unlimited potential for an investor. The 0.44 acre property sits on the hard corner of San Gabriel and W Martin Luther King Jr Blvd. The current zoning is GO-CO-NP and has a CodeNEXT proposed zoning as MU2-Q, which suggests a mixed-use redevelopment opportunity with a height limit of 65 feet*. *Buyer to do independent research regarding the redevelopment potential of the property. Property Highlights Value Add Multifamily w/ Long Term Redevelopment Potential 11 Unique, Large Townhome Units 0.44 Acres on Hard Corner of San Gabriel and MLK Close Proximity to The University of Texas at Austin and Downtown Austin 24,063 GSF - 18,528 RSF
Facts & Features
| ListingFeed | abor_vow |
|---|---|
| MLS® # | 3689159 |
| List Price | $5,900,000 |
| Sale Price | $4,900,000 |
| Sale Date | April 17th, 2023 |
| Bathrooms | 0.00 |
| Acres | 0.44 |
| Year Built | 1984 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Closed |
Community Information
| Address | 1900 San Gabriel Street |
|---|---|
| Subdivision | Carrington |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78705 |
Amenities
| Utilities | Electricity Connected, See Remarks, Sewer Connected, Water Connected |
|---|---|
| Parking | Additional Parking, Alley Access, Asphalt, Garage, Lighted, Parking Lot |
| Garages | Garage Door Opener |
| View | City, City Lights, Panoramic |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Wood |
|---|---|
| Heating | See Remarks |
| Cooling | Central Air, Multi Units |
| Fireplace | No |
Exterior
| Construction | Concrete, Stucco |
|---|
Additional Information
| Zoning | 0.44 acres. The current z |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |