$2,495,000
2808 San Pedro Street, Austin, TX
3,900
Square feet
0.26
Acres
Welcome to an exceptional investment opportunity just a stone's throw away from the prestigious University of Texas! This property is not just a house; it's a strategic investment with pre-leases secured for the academic years of August 2024 and 2025 with a lease end date of July 31st, 2026. Featuring a main house with 8 spacious bedrooms and 3.5 modern bathrooms, this residence also includes a detached 2nd studio equipped with its bathroom and kitchenette for a total of 9 beds 4.5 baths. One of the property's highlights is its expansive backyard layout, perfect for hosting events, barbecues, or outdoor study sessions. Inside, the house has undergone a meticulous renovation, showcasing upgraded stainless steel appliances, granite countertops, an electric fireplace, new flooring, fresh paint, and contemporary ceiling fans. Strategically located near the university, this investment promises consistent demand for student housing, ensuring a reliable income stream. Beyond its prime location, this property's charm lies in its potential for profitability. Don't miss the chance to own a remodeled and pre-leased property with tremendous profit potential
Facts & Features
| ListingFeed | abor |
|---|---|
| MLS® # | 3078524 |
| Price | $2,495,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,900 |
| Acres | 0.26 |
| Year Built | 1932 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 2808 San Pedro Street |
|---|---|
| Subdivision | Bluff Side Add |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78705 |
Amenities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Features | None |
| Parking | Driveway, Gated |
| View | Park/Greenbelt, Trees/Woods |
| Is Waterfront | No |
| Waterfront | Stream |
| Has Pool | No |
Interior
| Interior | Tile, Vinyl, Wood |
|---|---|
| Appliances | Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer |
| Heating | Central |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony, Private Yard |
|---|---|
| Lot Description | Backs to Greenbelt/Park, Interior Lot, Many Trees, Trees Large Size |
| Roof | Tile |
| Construction | Masonry |
| Foundation | Slab |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Bryker Woods |
| Middle | O Henry |
| High | Austin |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Contact Details | (512) 762-8669 |