2907 E 5th Street, Austin

$700,000

2 Beds
1 Bath
652 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 for your development plans. Plus, if you're looking to expand your vision, the neighboring property at 2909 E 5th is also available, offering an expansive lot for your construction dreams. The current zoning, SF-3-NP, opens up a world of possibilities for your project. 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® #5225715
Price$700,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage652
Acres0.16
Year Built1920
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address2907 E 5th Street
Area5
SubdivisionHartwell Add
CityAustin
CountyTravis
StateTX
Zip Code78702
Amenities
FeaturesNone
ParkingDriveway
ViewCity
WaterfrontNone
Utilities

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

Interior
InteriorLaminate, Tile, Wood
AppliancesGas Range
HeatingCentral
# of Stories1
StoriesOne
Exterior
Exterior FeaturesPrivate Yard
RoofMetal, Shingle
ConstructionMasonry, Wood Siding
FoundationPillar/Post/Pier
Lot Description

Back Yard, Front Yard, Level, Moderate Trees, Trees Medium Size

School Information
DistrictAustin ISD
ElementaryBrooke
MiddleMartin
HighEastside Early College
Additional Information
Date ListedSeptember 15th, 2023
Days on Market15
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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 September 30th, 2023 at 6:00pm 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.