Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of Inner East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. We have the original blueprints in hand! From a design and architectural perspective, 1009 East 16th Street is a distinctive example of a mid-1980s multi-level infill residential design. It features a bold, three-story vertical massing with a prominent front-facing gabled roofline. On the top floor (the third level), the design features loft-style bedrooms creat-ing an airy and spacious feel. 1009 E 16th St 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.