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Buy a multi-family propertyat 2613 Ektom Drive, Austin, TX 78745

$1,050,000

$1,099,000 (-4.46%)

$0/mo

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Multifamily

4,568 Sq. Ft.

8,346 Sq. Ft. lot

545 Days on market

7604563 MLS ID

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About 2613 Ektom Drive multi-family property

Another powerful investment opportunity in South Austin with current rent capabilities of $6400+, currently putting this 4-plex at a 5.4% CAP RATE! This magnificent quadruplex has four updated units with all HVAC units replaced in 2016. Two of the four units are currently leased until mid 2024, with the fourth not being leased in order to show. The building is in great shape with a foundation under warranty and a brand-new plumbing clean-out line. The location is superb, being very near to Central Market, St. Edward's University, and all that South Lamar has to offer. All supplementary documentation is available. This is one of the best Multi-Family investments on the market. Simply plug and play! No updates or repairs necessary.
Another powerful investment opportunity in South Austin with current rent capabilities of $6400+, currently putting this 4-plex at a 5.4% CAP RATE! This magnificent quadruplex has four updated units with all HVAC units replaced in 2016. Two of the four units are currently leased until mid 2024, with the fourth not being leased in order to show. The building is in great shape with a foundation under warranty and a brand-new plumbing clean-out line. The location is superb, being very near to Central Market, St. Edward's University, and all that South Lamar has to offer. All supplementary documentation is available. This is one of the best Multi-Family investments on the market. Simply plug and play! No updates or repairs necessary.

Property details

House

Stories: 2

Listing

Property Subtype: Quadruplex

Location

County: Travis

Subdivision: Southern Oaks Sec 07

Lot

Area: 0.1916

Schools

Elementary School: Sunset Valley

Elementary School District: Austin ISD

Middle School: Covington

Middle School District: Austin ISD

High School: Crockett

High School District: Austin ISD

Taxes

Annual Amount: $19,580

Year: 2021

Monthly cost

Estimated monthly cost

$7,601/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Feb 13, 2015

Price

-

Date

Oct 14, 2013

Price

-

Date

Oct 5, 2011

Price

-

Date

Jul 7, 2006

Price

-

DatePrice
Feb 13, 2015-
Oct 14, 2013-
Oct 5, 2011-
Jul 7, 2006-

Schools

This home is within the Austin Isd.

Austin enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$987,000

+$31,500

$1,018,500

Seller agent commission$31,500 (3%)*

$0 (0%)

Buyer agent commission$31,500 (3%)*

$31,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $31,500 more selling your home
with a Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:31 p.m.

Data updated: Jun 15, 2023 at 8:01 p.m.

Property listed by KW-Austin Portfolio RealEstate 512-901-9600 {attribution_contact}
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing Information © 2024. Data courtesy of the Austin Board of REALTORS®. All Rights Reserved.

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