Description
We are pleased to present this beautifully renovated jumbo 5 BR 2 BA Austin home. Interior remodeling was completed in 2019 along with exterior work that included 2 new porch systems. The $2,080/month CHA Section-8 tenant in-place is reliable and pays their portion of rent every month like clockwork, so you need not fear inheriting a problem. The lease expires 6/30/21. With an in-place 11% cap rate, this property will make an excellent investment or an equally impressive primary residence for an owner-occupant. Any way you slice it, a property like this allows an astute buyer to make money from day one! Hungry? Jewel/Osco is a less-than 10-minute drive. Need to get back to the office? The Laramie Green Line station is a quick 9-minute walk. Need to get out of Dodge? I-290 is just 8 minutes away. Please Note: Due to COVID-19, NO interior showings are being provided so all offers may be written subject-to one final walkthrough either a) in-conjunction with the property appraisal (if financing) or b) immediately prior-to closing. ***DO NOT DISTURB TENANTS OR WALK THE PROPERTY!***
Map
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