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2808 San Pedro ST,  Austin TX, 78705

(Active)
$2,495,000
|
3,900 sqft
|
MLS# 3078524
Last Updated: 5/18/2024 5:50 AM
Description for 2808 San Pedro ST Austin, TX 78705
Welcome to an exceptional investment opportunity just a stone's throw away from the prestigious University of Texas! This property is not just a house; it's a strategic investment with pre-leases secured for the academic years of August 2024 and 2025 with a lease end date of July 31st, 2026. Featuring a main house with 8 spacious bedrooms and 3.5 modern bathrooms, this residence also includes a detached 2nd studio equipped with its bathroom and kitchenette for a total of 9 beds 4.5 baths.One of the property's highlights is its expansive backyard layout, perfect for hosting events, barbecues, or outdoor study sessions. Inside, the house has undergone a meticulous renovation, showcasing upgraded stainless steel appliances, granite countertops, an electric fireplace, new flooring, fresh paint, and contemporary ceiling fans.Strategically located near the university, this investment promises consistent demand for student housing, ensuring a reliable income stream. Beyond its prime location, this property's charm lies in its potential for profitability. Don't miss the chance to own a remodeled and pre-leased property with tremendous profit potential
Price
$2,495,000
Bluff Side Add
Travis
3,900 (approx)
3078524
Active
Description
Welcome to an exceptional investment opportunity just a stone's throw away from the prestigious University of Texas! This property is not just a house; it's a strategic investment with pre-leases secured for the academic years of August 2024 and 2025 with a lease end date of July 31st, 2026. Featuring a main house with 8 spacious bedrooms and 3.5 modern bathrooms, this residence also includes a detached 2nd studio equipped with its bathroom and kitchenette for a total of 9 beds 4.5 baths.One of the property's highlights is its expansive backyard layout, perfect for hosting events, barbecues, or outdoor study sessions. Inside, the house has undergone a meticulous renovation, showcasing upgraded stainless steel appliances, granite countertops, an electric fireplace, new flooring, fresh paint, and contemporary ceiling fans.Strategically located near the university, this investment promises consistent demand for student housing, ensuring a reliable income stream. Beyond its prime location, this property's charm lies in its potential for profitability. Don't miss the chance to own a remodeled and pre-leased property with tremendous profit potential
Listing Information
Property Type: Duplex, Multi-Family, 2 Story
0.26 Acres 3,900 (approx) 1932
2
Bluff Side Add
Slab
Public
Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected
Neighborhood
School Information
Bryker Woods O Henry Austin
Room Information
Laundry Room, Main Level
Interior Features
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer
Tile, Vinyl, Wood
Central Air, Ceiling Fan(s)
Other, Central
French Doors
1, Living Room
Smoke Detector(s)
Ceiling Fan(s), Pantry, Walk-In Closet(s)
Exterior / Lot Features
6 Parking Spaces, Driveway, Gated
Patio
Tile
None
Trees/Woods, Greenbelt
Updated/Remodeled
Balcony, Private Yard, Greenbelt, Interior Lot
Community Features
Smoke Detector(s)
Driving Directions
From Guadalupe: West on 28th, Right at San Pedro, house on left.
Financial Considerations
02160106180000
$17,550
Cash, Conventional, 1031 Exchange
Listing Price History

Austin Real Estate

Austin is located in Texas. Austin, Texas 78705 has a population of 986,248.

The median household income in Austin, Texas 78705 is $50,776. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78705 is 36 years.

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Courtesy: Resavvy LLC, (512) 762-8669
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS
This content last refreshed on 5/18/2024 5:50 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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