4005 A/B Clawson Rd - Residential Income FOR SALE


Austin, TX 78704- South Lamar
$1,399,000 USD
512-639-0954
4005 A/B Clawson Rd, Austin, TX for Sale
$1,399,000 USD
Residential Income - FOR SALE
1/26
null | 4.5% Cap Rate

4005 A/B Clawson Rd
Austin, TX 78704
South Lamar


OVERVIEW

Duplex built in 2017 that's fully leased. Unit A expires 12/31/2025 leased for $3,700 and Unit B expires 5/31/2024 leased for $3,750=$7,450/M. Tenants in unit B would love to renew or you could owner-occupy. The duplex is also in a condo regime so the units can be sold separately. Owner will offer a rate buy down or owner financing. Terms negotiable. For owner financing, the borrower will need to show the same qualifications as a conventional loan. Proposed terms are 6.5% interest rate, 20%+ down, 30 year amort, 2-3 year balloon. Both units have an open floor plan with beautiful finishes and large backyards. Showings will only be conducted during the option period.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Clawson Condo's

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,571 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Reese PhillipsRealty Austin - NorthMore Info
512-639-0954

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Reese PhillipsRealty Austin - NorthMore Info
512-639-0954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.