2808 San Pedro Street, Austin, 78705, TX

$2,495,000

0 Bed
0 Bath
3,900 Sqft
.26 Acre
0 Garage

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

Essential Information
MLS® #3078524
Price$2,495,000
Bathrooms0.00
Square Footage3,900
Acres0.26
Year Built1932
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address2808 San Pedro Street
AreaUT
SubdivisionBluff Side Add
CityAustin
CountyTravis
StateTX
Zip Code78705
Amenities
FeaturesNone
ParkingDriveway, Gated
ViewPark/Greenbelt, Trees/Woods
WaterfrontStream
Utilities

Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected

Interior
InteriorTile, Vinyl, Wood
HeatingCentral
FireplaceYes
# of Fireplaces1
FireplacesLiving Room
# of Stories2
StoriesTwo
Appliances

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

Exterior
Exterior FeaturesBalcony, Private Yard
RoofTile
ConstructionMasonry
FoundationSlab
Lot Description

Backs to Greenbelt/Park, Interior Lot, Many Trees, Trees Large Size

School Information
DistrictAustin ISD
ElementaryBryker Woods
MiddleO Henry
HighAustin
Additional Information
Date ListedMay 4th, 2024
Days on Market14
Listing Details
Contact Details(512) 762-8669
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Property Listed by: Resavvy LLC

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 May 18th, 2024 at 11:45am 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.