Steve Johnson
This listing was posted on RealtyWW.
$2,140,000
Home For Sale In Austin, Texas
Price:
$2,140,000
BR/BA:
9 BR, 4.5 BA
Location:
1908 San Gabriel St, Austin, TX
Description:
Introducing the San Gabriel House, a distinctive legacy property in West Campus, University of Texas, Austin. With over 5000 sq. ft. of living space and 8-10 bedrooms/offices, it offers unrivaled rental revenues, soon exceeding $200k annually. The rents for this property have never failed to increase in 25 years. Also, the property has never been vacant in 25 years. The revenues are thus projected to increase with no foreseeable ceiling. There have been extensive renovations in 2021-22, including new decks, balconies, HVAC, roof, and foundation. Beyond student rentals, it presents diverse potential as a headquarters or satellite office for a business or fraternal organization, thanks to the recent renovations and unique features. This structural overhaul has created the option of a cosmetic restoration. The three-story 1935 plantation-style main house can be considered to be primed for beautification, both inside and out. The owner's personal circumstance requires that he sell the property. Thus, this piece of Austin's heritage is now available for purchase.For more details: https://realtyww.info/homes_austin-d523187/for-sale_i68844561
Property Type:
Single-Family Houses
Sq feet:
5,000 sq. ft.
Amenities:
Cable or Satellite
Posted:
February 29 on RealtyWW
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More About this Listing: Home For Sale In Austin, Texas
Home For Sale In Austin, Texas is a 9 Bedroom 4.5 Bathroom Single-Family Homes for Sale at 1908 San Gabriel St in Austin TX. Find other listings like Home For Sale In Austin, Texas and listings near 1908 San Gabriel St by searching Oodle Classifieds for 9 Bedroom 4.5 Bathroom Single-Family Homes for Sale in Austin TX.
Home For Sale In Austin, Texas is a 9 Bedroom 4.5 Bathroom Single-Family Homes for Sale at 1908 San Gabriel St in Austin TX. Find other listings like Home For Sale In Austin, Texas and listings near 1908 San Gabriel St by searching Oodle Classifieds for 9 Bedroom 4.5 Bathroom Single-Family Homes for Sale in Austin TX.