2411 South 5th Street Austin, TX 78704

$1,750,000
0.35
Acres
$1,750,000
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Great opportunity! Building is zoned MF-4. MF4 Zoning allows 36 to 54 Multifamily units per acre. The maximum height allowed is 60 feet, which may mean around 5 stories in height, depending on the floor to floor dimension. Buyer must verify this information. This would make for a great redevelopment project!!4 Units are 1 bedroom/1 bath and 2 Units are 2 bedrooms / 1 bath. One bedroom units rent for $1025. 2 bedroom units rent for $1175 & $1275.

Great opportunity! Building is zoned MF-4. MF4 Zoning allows 36 to 54 Multifamily units per acre. The maximum height allowed is 60 feet, which may mean around 5 stories in height, depending on the floor to floor dimension. Buyer must verify this information. This would make for a great redevelopment project!!4 Units are 1 bedroom/1 bath and 2 Units are 2 bedrooms / 1 bath. One bedroom units rent for $1025. 2 bedroom units rent for $1175 & $1275.

  • Neighborhood
  • Type
  • County
    Travis
  • Area
    Austin
  • Tax Amount
    $17,813
  • Status
    Active
  • Listing #
    5921042
  • Built
    1960
  • Lot Size
    0.35
  • Listed on site
    72 days

Listed by:
ACE Realty

Source:
ABOR

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Property details

Community Features

  • No HOA

Exterior features

  • No Pool
  • Parking Off-Street

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Heat Gas

Property History

DateDays AgoEventNew Price
Sep 12, 20214 days agoPrice increased125,000 (7%)$1,750,000
Sep 11, 20215 days agoPrice decreased275,000 (14%)$1,625,000
Jul 7, 20212 mos agoNew on market$1,900,000
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