Description
2804 Westhill Dr and neighboring 2802 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2802 Westhill is 2519034) present an incredibly rare opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Dont miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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3,526SQFT
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$424$/SQFT
School Information
Description
2804 Westhill Dr and neighboring 2802 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2802 Westhill is 2519034) present an incredibly rare opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Dont miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.
© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.The information 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. Data last updated: 2022-05-26T00:00:31.33.