2909 E 5th Street, Austin

$700,000

2 Beds
1 Bath
884 Sqft
.16 Acre
0 Garage

Investor's Dream! This fantastic property comes with a lucrative bonus – it's currently occupied by month-to-month tenants, providing you with a steady rental income stream while you navigate the permitting and zoning process with the city for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2907 E 5th is also available, offering an expansive lot for your development plans. The current zoning, SF-3-NP, opens up a world of possibilities for your project, or you may want to apply for rezoning. Situated in a prime location close to downtown, this opportunity is a rare find. Contact Melissa today to schedule an appointment, as opportunities like this one don't last long. As the buyer, you'll be responsible for conducting your due diligence regarding city permits and zoning verification. This property is being sold as-is, where-is, so don't miss your chance to seize this incredible investment​​‌​​​​‌​​‌‌​‌‌​​‌​​​‌​​​​‌‌​‌​​ opportunity!

Essential Information
MLS® #1495131
Price$700,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage884
Acres0.16
Year Built1945
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address2909 E 5th Street
Area5
SubdivisionHartwell Add
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
FeaturesNone
ParkingDriveway
ViewCity
WaterfrontNone
Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Connected

Interior
InteriorLaminate, Tile, Wood
AppliancesGas Range
HeatingCentral
# of Stories1
StoriesOne
Exterior
Exterior FeaturesSee Remarks
RoofShingle
ConstructionMasonry
FoundationPillar/Post/Pier
Lot Description

Back Yard, Front Yard, Level, Trees Medium Size, Few Trees, Split Possible

School Information
DistrictAustin ISD
ElementaryBrooke
MiddleMartin
HighEastside Early College
Additional Information
Date ListedSeptember 15th, 2023
Days on Market225
Listing Details
Office Contact(512) 296-4714
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 27th, 2024 at 5:45am 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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.