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$ 1,300,000
Est. payment /mo
New
1009 E 16th ST Austin, TX 78702
3,819 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,819 sqft
Price per Sqft $340
Subdivision Rectors
MLS Listing ID 6516695
Year Built 1985
Annual Tax Amount $17,395
Tax Year 2025
Lot Size 6,128 Sqft
Acres 0.1407
Property Sub-Type Apartment
Source actris
Property Description
Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. Convenient location within walking distance to UT, downtown, East Austin and the State Capitol with easy access North / South via I-35 and East / West via 15th St. Zoned LR-MU-NP which would allow for several development paths including residential, small-scale retail, professional office or pet services. Swedish Hill Apartments represents a compelling opportunity for investors and developers to secure a foothold in one of Austin's top performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot's proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
Location
State TX
County Travis
Zoning LR-MU-NP
Interior
Heating Varies by Unit
Cooling Central Air
Flooring Vinyl, Wood
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View None
Total Parking Spaces 7
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type,Wood Siding
New Construction No
Others
Special Listing Condition Standard
Listed by Muskin Elam Group LLC
Nearby School & Business