Investment opportunity in popular North Campus/North Loop area. Great walkability. 4-bedroom, 3.5 bath house with detached 2 bedroom, 2.5 bath guest house. Remains 100% occupied with virtually no vacancy factor. Property type can no longer be built. Low maintenance finishes. Very easy to lease. Both unit A and B are leased till August- 2021 at $3500 and $1700, respectively. Located in an area of North Campus/North Loop that has experienced unprecedented appreciation. Currently in the pre-lease stage and should be leased up soon for 2021-2022 school year. *Photos are from the leasing company that leases up the property annually. Listing broker chose not to photograph property since it is tenant occupied. Seller and listing broker would prefer an executed contract before showings, but can accommodate showings prior to contract need be. Cash flow statements for the last three years can be provided upon request.
Electricity Available, Natural Gas Available
Attached, Garage Faces Front, Garage
Built-In Gas Range, Dishwasher, Free-Standing Refrigerator, Disposal
|Price Reduced (from $1,195,000)||$1,095,000||$100,000 (8.37%)|
Property Listed by: Van Heuven Properties
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 April 15th, 2021 at 6:31pm 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.