48 East Avenue 2309, Austin

$850,000

2 Beds
2 Baths
982 Sqft
0 Acre
2 Garages

Amazing price improvement on an Investor's dream opportunity at The Natiivo, a condominium hotel in downtown Austin! One of a kind in The Natiivo: where short term rentals allowed! Turnkey and ready to go! Located in the heart of the Rainey Street area, this attractively furnished 2 bedroom/2 bath condo on the shores of Lady Bird Lake has an outstanding rental history. Open living, dining, and kitchen area separate 2 spacious bedrooms with beautiful baths. All furnishings and art convey and ready to go. Fitness center with Peloton bikes. Dog park. Minutes from the hike and bike trail and the ATX downtown scene. This property had a net revenue for 2023 of $55K! All the amenities of a hotel plus valet parking, rooftop pool, and 24 hour security. Rental history and projections available

Essential Information
MLS® #1158884
Price$850,000
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage982
Acres0.00
Year Built2021
TypeResidential
Sub-TypeCondominium
StatusActive
Community Information
Address48 East Avenue 2309
AreaDT
SubdivisionThe Natiivo
CityAustin
CountyTravis
StateTX
Zip Code78701
Amenities
Garage Spaces2
ViewLake
WaterfrontNone
Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Features

Bar/Lounge, Common Grounds/Area, Dog Park, Fitness Center, Internet Access, Pool, Trails/Paths

Parking

Concrete, Covered, Gated, Off Street, Secured, Unassigned, Valet

Interior
InteriorTile, Wood
HeatingCentral
# of Stories1
StoriesOne
Appliances

Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer

Exterior
Exterior FeaturesBalcony
Lot DescriptionNone
RoofSee Remarks
ConstructionConcrete
FoundationSlab
School Information
DistrictAustin ISD
ElementaryMathews
MiddleO Henry
HighAustin
Additional Information
Date ListedMay 1st, 2023
Days on Market361
Listing Details
Office Contact(512) 261-0008
Property History
Price Reduced from $875,000 to $850,000
Price Reduced from $899,000 to $875,000
Price Reduced from $929,000 to $899,000
Price Reduced from $955,000 to $929,000
Price Reduced from $965,000 to $955,000
Show All History (7)
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Property Listed by: Kuper Sotheby's Int'l Realty

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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 26th, 2024 at 10:47am 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.

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