Active
2808 San Pedro ST
Austin TX, 78705
$2,495,000
$639.74 per sqft
Active
3,900 sqft
Multi-family
Built in 1932
Welcome to an exceptional investment opportunity just a stone's throw away from the prestigious University of Texas! This property is not just a house; it's a strategic investment with pre-leases secured for the academic years of August 2024 and 2025 with a lease end date of July 31st, 2026. Featuring a main house with 8 spacious bedrooms and 3.5 modern bathrooms, this residence also includes a detached 2nd studio equipped with its bathroom and kitchenette for a total of 9 beds 4.5 baths.
One of the property's highlights is its expansive backyard layout, perfect for hosting events, barbecues, or outdoor study sessions. Inside, the house has undergone a meticulous renovation, showcasing upgraded stainless steel appliances, granite countertops, an electric fireplace, new flooring, fresh paint, and contemporary ceiling fans.
Strategically located near the university, this investment promises consistent demand for student housing, ensuring a reliable income stream. Beyond its prime location, this property's charm lies in its potential for profitability. Don't miss the chance to own a remodeled and pre-leased property with tremendous profit potential
3078524
MLSⓇ ID
May 4, 2024
Listed
May 10, 2024
Updated
Map
2808 San Pedro ST
Austin TX, 78705
Interior Features
Total Stories
2
Interior Features
Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, French Doors, Interior Steps, Pantry, Stackable W/D Connections, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer
Floor Description
Tile, Vinyl, Wood
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.26 Acres
Exterior Features
Balcony, Private Yard
Lot Features
Back to Park/Greenbelt, Interior Lot, Trees-Heavy, Trees-Large (Over 40 Ft)
Roof
Tile
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Austin
Elementary School
Bryker Woods
Other Property Details
Area Name
UT
Garage
No
Parking
Driveway, Gated
View
Yes
View Description
Park/Greenbelt, Trees/Woods
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
3%
Courtesy of Resavvy LLC
Listing Contact: (512) 762-8669
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Palazo Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.
Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 7:56 PM UTC, 5/10/2024