Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. $3950 total monthly rent, leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.
Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available
Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free-Standing Electric Range, Disposal, Refrigerator, Washer
Central, Exhaust Fan, Electric, Fireplace(s)
City Lot, Level, Trees Medium Size
Asphalt, Frame, Vertical Siding
Property Listed by: Austin Evolution Residential
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 8th, 2021 at 11:16am 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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