2411 S 5th Street, Austin

$1,750,000

0 Baths
.35 Acres

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.

Essential Information
MLS® #5921042
Price$1,750,000
Bathrooms0.00
Acres0.35
Year Built1960
TypeCommercial
Sub-TypeApartment
StatusActive
Community Information
Address2411 S 5th Street
SubdivisionSouthwood Annex
CityAustin
CountyTravis
StateTX
Zip Code78704
Utilities

Electricity Connected, Natural Gas Connected

Parking

Off Street, Open, Outside, Parking Lot

Interior
InteriorCarpet, Laminate
Heating

Central, Natural Gas, Hot Water

Exterior
ConstructionSee Remarks
FoundationSlab
Additional Information
ZoningMF4 Zoning allows 36 to 5
Property History
Price Increased from $1,625,000 to $1,750,000
Status Changed from Active Under Contract to ActivePrice Reduced from $1,900,000 to $1,625,000
Status Changed from Active to Active Under Contract

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Property Listed by: ACE Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 17th, 2021 at 4:00am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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