4413 Speedway, Austin, TX
Multi-family for Sale - $3,300,000 - 26,365 Sq. Ft. on 0.76 acres
Property Info
| CIMLS# | 123077 |
| Location 4413 Speedway Austin TX 78751 | |
| Updated | June 13th, 2011 |
| Type | Multi-family |
| Price | $3,300,000 |
| Building | 26,365 Sq. Ft. |
| Land | 0.76 acres |
Property Description
Great upside in this well-maintained, centrally located multi-family property with assumable financing! Located at 4413 Speedway and 4410 Avenue F in the historic Hyde Park neighborhood just a mile north of the University of Texas. Easy access to UT, CBD, & IH-35; on the UT shuttle and Capital Metro bus routes. Extensively renovated in 2006 with the addition of controlled access pedestrian gates, replacement of all windows, railings, stairs and gutters, exterior paint, new boilers, and new laundry room. Mix of efficiencies, 1 and 2 bdrms rented below market. Cash to existing loan of approx. $1,56,,566 @ 6.43%. For more details, call or email Diana Zuniga or Jackie Flippin.
Financials
Cash to existing loan. Original amount $1,650,000; balance as of June 2011 approx. $1,563,566 @ 6.43% interest, matures 4/1/2037; PITI payments of approx. $17,927/mo. (inc. reserves).
