Classic 1920s Bungalow ready to be transformed into a 2 Story modern beauty with an ADU! This wonderful home is nestled in trendy East Austin within walking distance to Downtown Austin and many local hotspots. Ready to design your dream home in Downtown Austin? Permits are approved to double the sqft by adding a 2nd story and an 800sqft rentable ADU in the back! Imagine how much income you can receive with long term or STR airbnb guests walking distance to Rainey, Downtown, SXSW, Lake Austin breweries etc. Do your own research but, after renovations including a pool the estimated value could be a $2.0m to $2.2m Home! This 3 bedroom, 2 bathroom home retains its vintage charm with original hardwood flooring and exposed wood detailing and offers many opportunities to bring the home into the 21st century. Roll up your sleeves and put your design and remodel skills to the test! The home features an open-concept floorplan with large windows throughout that allow the natural light to pour in. The living/dining room combo is spacious and open to the kitchen for easy entertaining. One of the many great features of this home is the large backyard with excellent shade where you can create your dream backyard oasis. The flat lot makes it easy to add a sparkling pool/spa! The backyard also includes a large workshop that can be repaired and turned into an ADU! The current owners have spent $80,000 in architectural renderings and $17,000 in demo to make it ready for a remodel. Just blocks away from Rainey Street Historic District where you can enjoy hand-crafted cocktails, craft beers, and decadent meals! This home has SO much potential! Schedule a showing today! Submit offers via Propy: https://propy.com/offers/make/for-property/611c194d1a54a1492da00e34
Cable Available, Cable Connected, High Speed Internet Available, Sewer Connected, Water Connected, Phone Connected
Central Air, Ceiling Fan(s), Electric
Back Yard, Front Yard, Landscaped, Private, Level
Property Listed by: Realty Austin
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 17th, 2021 at 6:03am 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.
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