Active

2808 San Pedro ST

Austin TX, 78705

$2,495,000


$639.74 per sqft

Active

3,900 sqft

Multi-family

Built in 1932

Welcome to an exceptional investment opportunity just a stone's throw away from the prestigious University of Texas! This property is not just a house; it's a strategic investment with pre-leases secured for the academic years of August 2024 and 2025 with a lease end date of July 31st, 2026. Featuring a main house with 8 spacious bedrooms and 3.5 modern bathrooms, this residence also includes a detached 2nd studio equipped with its bathroom and kitchenette for a total of 9 beds 4.5 baths.

One of the property's highlights is its expansive backyard layout, perfect for hosting events, barbecues, or outdoor study sessions. Inside, the house has undergone a meticulous renovation, showcasing upgraded stainless steel appliances, granite countertops, an electric fireplace, new flooring, fresh paint, and contemporary ceiling fans.

Strategically located near the university, this investment promises consistent demand for student housing, ensuring a reliable income stream. Beyond its prime location, this property's charm lies in its potential for profitability. Don't miss the chance to own a remodeled and pre-leased property with tremendous profit potential

3078524

MLS ID

May 4, 2024

Listed

May 10, 2024

Updated

Map

2808 San Pedro ST
Austin TX, 78705

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, French Doors, Interior Steps, Pantry, Stackable W/D Connections, Walk-In Closet(s)


Appliances

Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer


Floor Description

Tile, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.26 Acres


Exterior Features

Balcony, Private Yard


Lot Features

Back to Park/Greenbelt, Interior Lot, Trees-Heavy, Trees-Large (Over 40 Ft)


Roof

Tile


Sewer

Public Sewer

School Information

School District

Austin ISD


High School

Austin


Elementary School

Bryker Woods

Other Property Details

Area Name

UT


Garage

No


Parking

Driveway, Gated


View

Yes


View Description

Park/Greenbelt, Trees/Woods


County

Travis


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

3%

Courtesy of Resavvy LLC

Listing Contact: (512) 762-8669

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Rica Greenwood shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 7:56 PM UTC, 5/10/2024

 

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