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Previous Description:
List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired 04. This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy s Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It s the optimal time to lock in your investment in the heart of Austin!
Updated Description:
List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired “04.” This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy’s Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It’s the optimal time to lock in your investment in the heart of Austin!
