1,202 Sqft Lot
1,202 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision The Allandale
MLS Listing ID 8240841
HOA Fees $282/mo
HOA Y/N Yes
Year Built 1986
Tax Year 2026
Lot Size 1,202 Sqft
Acres 0.0276
Property Sub-Type Quadruplex
Source actris
Property Description
Rare opportunity to acquire seven income-producing condominium units as a portfolio in the sought-after Allandale area of Central Austin. The portfolio includes six 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, offering an exceptional opportunity for an investor seeking a turnkey rental portfolio in a highly desirable location.
Several units are currently furnished and have been successfully utilized for short-term and longer-term rentals. Two of the one-bedroom units and the two-bedroom unit are furnished, while all units have historically been income-producing, with the exception of the 2-bedroom unit, which has been used as a secondary residence.
The units are ideally positioned within a peaceful, private condominium community with established charm and laid-back Austin vibes, featuring courtyard views and mature oak trees providing beautiful shade.
Furnishings and chattels convey with the sale, allowing for a seamless transition for continued rental use. Furnishings include king beds, bedding, sofas, desks and chairs, wall art, and fully equipped kitchens. Each unit also includes a refrigerator, washer and dryer, and Nest thermostat.
The community offers an impressive collection of amenities, including a pool, clubhouse, fitness center, common-area workspaces, event space, and game room.
HOA dues include high-speed internet and cable, water and wastewater, trash, recycling and composting, and parking for two vehicles per unit.
HOA rules require a minimum 30-day rental period.
Conveniently located in Central Austin with easy access to Burnet Road's popular restaurants, coffee shops and shopping, as well as Northwest Park and surrounding neighborhood amenities. The property also feeds to excellent schools, adding to its long-term appeal.
A unique opportunity to acquire a turnkey, furnished-ready portfolio in one of Central Austin's most established and desirable neighborhoods.
Location
State TX
County Travis
Interior
Interior Features See Remarks, Stone Counters, Open Floorplan, Pantry, Primary Bedroom on Main
Heating Central
Cooling Central Air
Flooring Tile
Fireplaces Number 1
Fireplaces Type See Remarks
Fireplace No
Appliance See Remarks, Refrigerator, Washer/Dryer Stacked
Exterior
Exterior Feature Balcony, Uncovered Courtyard, Garden, Private Yard
Fence Wood
Community Features See Remarks, BBQ Pit/Grill, Bike Storage/Locker, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Controlled Access, Courtyard, Creative Office Space, Fitness Center, Game/Rec Rm, Gated, Google Fiber, High Speed Internet, Kitchen Facilities, Library, Lock and Leave, Lounge, Maintenance On-Site, Media Center/Movie Theatre, Nest Thermostat, Park, Picnic Area, Planned Social Activities, Pool, Hot Tub, Street Lights, Trail(s)
Utilities Available See Remarks, Electricity Connected, Water Connected
Waterfront Description None
View See Remarks, Pool, Trees/Woods
Roof Type Shingle
Porch See Remarks
Building
Lot Description See Remarks
Faces South
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type See Remarks
New Construction No
Schools
Elementary Schools Gullett
Middle Schools Lamar (Austin Isd)
High Schools Mccallum
School District Austin Isd
Others
Pets Allowed All
HOA Fee Include See Remarks,Common Area Maintenance,Landscaping,Maintenance Grounds,Trash,Utilities
Special Listing Condition See Remarks
Pets Allowed All
NEARBY SCHOOLS & PROPERTIES