Cash flow or live for free! This beautiful jumbo brick 4-unit in the red-hot Austin neighborhood is an excellent investment opportunity for buyers looking to cash flow or to house-hack! Each unit features 2 bedrooms, 1 bathroom and hardwood floors throughout! Long term owner took great care of the building overall. Plenty of equity built into the purchase price thus allowing the new owner to make the appropriate upgrades and renovations necessary to achieve maximum value and cash flow - Perfect FHA 203k opportunity here! Contingent and sold comparable brick 4-unit properties within a square mile radius sold for an average of $408,000 within the past 6 months. Each 2-bedroom unit can rent for up to $1,100 per month after renovated, this equates to $4,400 per month in rental revenue! 2 car garage! Huge basement with high ceilings (garden unit potential)! Corner lot! Fenced front yard! Newer hot water heaters! Newer copper plumbing! New sewer line! Live in one unit and let your tenants pay your mortgage and expenses! 2 units are vacant, 2 units are occupied with month/month tenants. Tenants pay electric and gas/heating! Take a tour! Make an offer! Won't last long! Seller prefers to sell "as is". First official showing will be Wednesday, December 16th from 12:30pm to 2:00pm. Second and last official showing will be Sunday, December 20th from 12:00pm to 2:00pm.
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