$995,000

8616 Putnam Drive, Austin, TX

4,078

Square feet

0.18

Acres

WOW! 6,850 per month income. Long-term tenants for 12 to 17 years. Rent paid through Zelle. Beautifully maintained, locally owned, and professionally managed since 2007. Four walk-up, garden-style apartment units, each approximately 1,010 square feet with 2 bedrooms and 1.5 baths. Located minutes from The Domain and The Arboretum. PROPERTY IMPROVEMENTS AND REMODELS 2024 Upgrades Private fenced xeriscape courtyards for each unit Six foot galvanized steel privacy panels on welded steel frames with metal gates Lockable security screen doors installed on each exterior door All units equipped with rekeyable Kwikset locks Rear yard shared by tenants with a six foot cedar privacy fence, lawn, and mature shade trees 2019 Renovations Four 14 SEER HVAC systems Utility sheds for each unit housing new water heaters and furnaces Eight second floor energy efficient double pane and double hung windows New insulation and Hardie board concrete siding Repaved parking lot with eight dedicated spaces, two per unit, plus additional street parking UNIT FEATURES Refrigerator and gas oven and stovetop Dishwasher hookups. Unit 104 includes a dishwasher Laundry room with washer and dryer hookups in an unconditioned space Units 101 and 104 include decorative fireplaces that are closed off Ceramic tile flooring on the first floor, stair landings, and bathrooms Vinyl plank flooring in bedrooms. No carpet and no pets Motion sensor courtyard lighting Select units include patio doors or French doors opening to courtyards Corner lot with mature trees and low maintenance landscaping Rear property line adjoins another fourplex. A church is located to the right Easy to show with twenty four hour notice through the Showing App AVAILABLE PROPERTIES, SEPARATE OR PACKAGE 8616 Putnam Drive and 9007 Quail Valley

Facts & Features

ListingFeed abor
MLS® # 3877142
Price $995,000
Bathrooms 0.00
Square Footage 4,078
Acres 0.18
Year Built 1968
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 8616 Putnam Drive
Subdivision Wooten Terrace Sec 03
City Austin
County Travis
State TX
Zip Code 78757

Amenities

Utilities Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available
Features See Remarks, Curbs
Parking See Remarks
View None
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Linoleum, Tile
Appliances Disposal, Gas Water Heater, Oven, Refrigerator
Heating Central
Fireplace Yes
# of Fireplaces 2
Fireplaces See Remarks
# of Stories 2
Stories Two

Exterior

Exterior Features Rain Gutters
Lot Description Corner Lot, Level
Roof Composition, Shingle, See Remarks
Construction Brick Veneer, Frame, HardiPlank Type
Foundation Slab

School Information

District Austin ISD
Elementary Wooten
Middle Burnet (Austin ISD)
High Navarro Early College

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Contact Details (877) 897-7275

Listing Map

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