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USATXAustinWatson701 W 25Th St
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701 W 25th St, Austin, TX

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,500,000

000

MLS® 2020808

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $33,294
Days Active 262
Approx. Age 1979
MLS® Number 2020808

Property Address: 701 W 25th St, Austin, TX, 78705-4449

Average square foot calculated using Size range provided by listing agent.

Description

Unbeatable cash flowing building with seller finance available at unbeatable interest rates****** Seller can offer owner finance at 4.25%, interest only payment with 20% down. Rate locked in for 3 years then increases 2% a year until it reaches 10 percent on the sixth year*** Current total gross rents is $30, 000 monthly as owner is doing short term rentals. Building consists of 6 one bedroom units renting for $3000 each monthly and 2 two bedroom units bringing in $6000 each monthly. Most units have existing potential to be updated from the current set up of 8 units/10 bedrooms to become 18 single efficiency units which can increase the rents drastically. Blue prints and additional info can be provided. The building is located in the University Neighborhood Overlay (UNO) , allowing a tear down and a rebuild at much higher limits and redevelopment to increase the cap rate. Building is located at Corner of 25th St and Rio Grande St which is one of two streets that allows for commercial storefront on ground level. Fraternity or Sorority house is also an option.
MLS® Number2020808
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Dryer Hookup, Electric Dryer Hookup
Exposure
Exterior
GarageNo
Approx. Age1979
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2025List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
701 W 25 Th St, Austin, TX

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