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708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D Austin, TX $ 5,000,000
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708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D
$ 5,000,000
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708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D

Austin, TX, 78704
$ 5,000,000
Baths0.0 Sq 8,000

Monthly Estimate*

$ 33,232

708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D, Austin, TX 78704 - Image 1
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708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D, Austin, TX 78704 - Image 5
708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D, Austin, TX 78704 - Image 6
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Studio

Commercial Property for sale in Austin, TX

for $5,000,000. This 8,000 square foot building was built in 1981 on a lot size of 0.4224.

STUNNING PRIME LOCATION. Money maker. Eight unit complex perched atop booming south 1st street .Two minutes walking distance to the heart of it all yet private and serene. Currently an operating vacation rental business with city license and permits . Ideal opportunity to own two quadruplex's with stainless steel appliances, Romeo and Juliet balconies and private backyards. Each unit is approximately 1000 sq ft . Walk five minutes to South Congress , Lady Bird Lake hike & bike trails, shops, boutiques and restaurants. Unique use and investment possibilities!

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 52,002

Style

Hotel/Motel

Lot Size

0.4224

Year Built

1981

Town/City

Austin

County/Region

Travis

MLS | Web ID

5678692
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Cement Siding Stucco
Year Built 1981
Unit Number 708A B C D 800A B C D
Property SubType Hotel/Motel
Tax Year 2023
Current Use Investment Multi-Family Residential Other
Accessibility None
County Travis
Net Operating Income 350000
Operating Expense 150000
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Parket JT
Building Features Appliances Electric Dryer Connections Fixtures Gas Dryer Connections Private Restrooms Storage Washer Connections Washer/Dryer Connections
Green Sustainability None
Other Structures Gazebo Packing Shd
Status Active
Directions From downtown Austin go south on south 1st street .Property on west side of street. Two blocks south of Barton Springs Road .
City Austin
Disclosures Owner/Agent Seller Disclosure
MLS Area 6
Lot Size Square Feet 18399.74
Waterfront Y/N N
Street Name 1st
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Leasable Area 8
Virtual Tour https://s3.amazonaws.com/video.creativeedge.tv/775377-4.mp4 https://www.youtube.com/embed/sd9ihyMGJ1A
Lease Type Sublease See Remarks
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2633077
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Interior
Flooring Bamboo Tile
Total Stories 2
Street Suffix ST
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Parking Lot Paved
Water Source Public
Total Parking 18
Foundation Details Slab
Number of Buildings 2
Building Area Total 8000
Lot Size Acres 0.4224
Lot Size Source Public Records
Other Equipment Dryer Connections Electric Dryer Hookup Gas Dryer Hookup Varies by Unit Washer Hookup
Horse Y/N N
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Internal Only
Street Number 1 708
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* Excluded Features
List By
Dominique Davalos

Listing Agent

Coldwell Banker Realty

Broker

dominiquemaria@gmail.com

Email

Affordability Calculator

$37,565
Per Month
88%
12%
0%
Monthly Principal & Interest
$33,232
Monthly Property Taxes
$4,334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/23/2023$5,000,000 Listed Price

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708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D, Austin, TX, 78704 is a Commercial Property for sale at $5,000,000 with 8,000 sqft and a lot size of 0.4224. 708 and 800 S 1st St # 708A,B,C,D 800A,B,C,D is a studio with 0.0 baths and was built in 1981. The property's zip code is 78704 which is in Austin, TX

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