1505 W 12th ST
1505 W 12th ST
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Active Under Contract

1505 W 12th ST

1505 W 12th ST, Austin, TX 78703

$1,395,000
This is an incredible opportunity right in the heart of Clarksville, the most sought after location in Old West Austin. An extremely well maintained, historic multi family property that has a total of 5 separate units that are always in high rental demand. The location of this oversized corner lot can not be beat, and it takes advantage of alley access and frontage on both W 12th Street and Eason Street. The Multifamily zoning provides even further development possibilities, and the best part of this property is its easy walkability to some of the most popular restaurants and coffee shops in the city. What a luxury and spectacular lifestyle to have Jeffreys, Josephine House, Cipollina, Medici, Taco Flats, Galaxy Cafe, and the Fresh Plus Grocery all right at your door step. The interior of the each unit has been lovingly cared for and recently updated with fresh kitchens, hardwood floors, high ceilings, and good separation of space so each tenant feels like they have their own private dwelling. The exterior has been recently painted and there is plenty of off street parking with multiple driveways, and a carport and storage area. The corner of the property is anchored by a beautiful live oak tree and the immediate blocks are full of quintessential Clarksville bungalows and high quality renovated homes that are some of the most sought after in town. Each unit is on its own separate meter, making it much more convenient for tenants to address their utilities, and yet another benefit of the multifamily zoning. Rarely will you find a property that has such a spectacular combination of an incredible location that is so close to downtown, the hike and bike trail, and easy access to all of the best restaurants, bars, coffee shops, and everything wonderful located on W 6th Street and West Lynn Street.

Studio

3,030 Sq.Ft. LIVING AREA

7,836.44 Sq.Ft. lot

Doug Roberts

Doug Roberts

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Tile, Wood
  • APPLIANCES Free-Standing Gas Oven, Refrigerator
  • other interior Features Ceiling Fan(s), Crown Molding, Natural Woodwork, Pantry, Storage

Area & Lot

  • Status Active Under Contract
  • Living Area3,030 Sq.Ft.
  • Lot Area7,836.44 Sq.Ft.
  • MLS® ID3089502
  • TypeMulti-Family
  • YEAR BUILT1947
  • NeighborhoodAustin
  • Water FrontageNone
  • View DescriptionNeighborhood
  • Elementary SchoolMathews
  • Middle SchoolO Henry
  • High SchoolAustin
  • School DistrictAustin ISD

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • roofAsphalt
  • lot featuresAlley Access, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • parkingCarport, Off Street
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureSlab
  • Disability FeaturesNone
  • other exterior FeaturesUncovered Courtyard, Exterior Steps, Gutters Partial

Financial

  • Sales Price$1,395,000
  • Real Estate Tax $23,037/yr
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