1009 E 16th ST, Austin, TX 78702
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1009 E 16th ST, Austin, TX 78702
1009 E 16th ST, Austin, TX 78702
1009 E 16th ST, Austin, TX 78702
1009 E 16th ST, Austin, TX 78702
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 1,300,000
Est. payment /mo
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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

Area 5

Zoning LR-MU-NP

Interior

Heating Varies by Unit

Cooling Central Air

Flooring Vinyl, Wood

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View None

Accessibility None

Total Parking Spaces 7

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type,Wood Siding

New Construction No

Others

Restrictions None

Acceptable Financing Cash, Conventional, FHA, FMHA

Tax Rate 2.046

Listing Terms Cash, Conventional, FHA, FMHA

Special Listing Condition Standard

Listed by Muskin Elam Group LLC • Sally Burns

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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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1009 E 16th ST