48 East Avenue 2309

$850,000, 2 Beds 2 Baths 982 Sqft 2 Garages

About This Property

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
SubdivisionThe Natiivo
CityAustin
CountyTravis
StateTX
Zip Code78701

Amenities

# of Garages2
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

Listing Details

Contact Details(512) 261-0008

Get directions to this property:

Property Listed by: Kuper Sotheby's Int'l Realty

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 3rd, 2024 at 6:02pm 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.

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