2402 Rio Grande St, Austin, TX 78705 - MLS# 6483623

Triplex Sold in Austin > 78705 > Division D > 2402 Rio Grande St

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$2,000,000

-
Beds
-
Baths
4,934
Square Ft.
0.21
Acres
N/A
Garages
1964
Year Built
MLS® #: 6483623 Sold on

THIS PROPERTY LEASES BEFORE CHRSITMAS FOR THE FOLLOWING AUGUST EACH YEAR, WITH 1ST MONTH RENT DOWN! This is an excellent opportunity for your client to buy and hold and park some money for a little while before a redevelopment. With a recent remodel on the 7 studios in the back, Unit C, there is still room for rent raises across property. (ask about complete info on remodel) Couple that with being in the UNO overlay and a prime location at 24th and Rio Grande, this won't be an opportunity that lasts.

Price History for 2402 Rio Grande St

Date MLS # Details Price
6483623 - Multi-Family Sold - 65 days (73 days total) $
6483623 - Multi-Family Pending - Taking Backups - 8 days $2,000,000
6483623 - Multi-Family New $2,000,000

Rental Income

Unit Rent Lease Ends Beds Baths Living Dining Garage Carport Rooms
Unit A $2,740 07/31/2015 4 2 1 N/A N/A 4 See Agent
Unit B $2,870 07/31/2015 3 2 1 N/A 3 N/A Kit/Din Combo
Unit C $6,490 07/31/2015 7 7 7 7 7 N/A Kit/Din Combo
Total $12,100 14 11 9 7 10 4

Property Details for 2402 Rio Grande St

Location
Size and Restrictions
  • Land Area: 0.21
Improvements
  • Property Subtype: Multi-Family - Triplex
  • Fence: No Fence
Features
  • View: See Agent
Utilities
  • Utilities: Electricity on Property

Building Information for 2402 Rio Grande St

Building Information
  • Square Feet: 4,934 - Tax Record
  • Year Built: 1964
  • # of Stories: 2
  • Construction: Wood Shingle
  • Foundation: Slab
  • Roof: Asphalt Shingles

Schools for 2402 Rio Grande St

Elementary Schools
High Schools

Financials for 2402 Rio Grande St

Financial Information
  • $/Square Foot: $405
  • Acceptable Financing: Cash, Conventional
Property Taxes
  • Estimated Taxes: $24,456
  • Tax Rate: 2.46% - 2014

Properties for Sale Similar to 2402 Rio Grande St, Austin, TX View On Map

Property Listed by: Keller Williams Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 16th, 2017 at 5:10pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.