2901 Sweeney Ln, Austin, TX 78723

Property Description

Auction - Online Bidding ends on November 17th at 12:00 PM CT. List price is the opening bid amount. Built in 1972, 2901 Sweeney Lane is a two-story, wood-and-masonry apartment building containing ten units, situated on a 0.2314-acre (10,080 SF) corner lot at the southeast corner of Sweeney Lane and Manor Road in Austin, Travis County, Texas. The building totals 7,796 SF with ten units averaging approximately 780 SF each. Individual units are configured with a living area and kitchen on the first floor and a bedroom and bathroom on the second floor, a townhome-style layout that is well suited to single renters and small households. Construction is Class C, wood-frame and masonry over a concrete foundation, with a flat built-up roof. Units are individually metered for electricity. A paved parking lot sits in front of the building, supplemented by on-street parking along Sweeney Lane. The property is currently vacant and requires comprehensive renovation prior to lease-up, including a complete interior gut-out of all ten units (kitchens, bathrooms, electrical, plumbing, drywall, and flooring), a full roof replacement, and new HVAC systems throughout. The asset is being offered strictly as-is, where-is.