** NEW AS OF 12/9/2024: SELLER FINANCING WITH 4% INTEREST RATE IS AVAILABLE TO QUALIFIED BUYERS, ENJOY OVER $1,000 OF MONTHLY CASH FLOW FROM DAY 1!! **

Discover a one-of-a-kind investment opportunity with this income-producing fourplex in East Austin, sitting on an MF-3 zoned lot (medium-density multifamily). $5100 monthly rental income, with room to increase rents by ~25%. Lots of upgrades including brand new roof. Desirable townhome-style units enjoy high rental demand and historically had vacancy only during make ready. Two units in the front are 2 bed/1.5 bath, two units in the back are 1 bed/1.5 bath. Each unit has a laundry room with washer and dryer hookups. Back units have spacious backyards, front units have fenced patios. Enjoy phenomenal 9.1% cap rate with market rents, coupled with the incredible appreciation potential of this rapidly gentrifying area.

**Contact agent for rent rolls, pro forma, pictures of all units. 1 unit is vacant and can be shown. Occupied units shown under contract**

Seize the potential of this well maintained duplex located in the thriving heart of East Austin. Situated on a spacious corner lot, just steps from the metro line and HEB, this property presents an exceptional investment opportunity for savvy investors. The duplex features two units: Unit A offering 3 bedrooms and 2 bathrooms, and Unit B with 2 bedrooms and 2 bathrooms, providing immediate rental income already being generated!

NEW PRICE 11.6.24!Rare Investment Opportunity in Colonial Hills, Austin!  This Pristine Updated Duplex is Leased at Top Market Rates.  Each Side is 3 Bedrooms and 2 Baths.  Features Include: Luxury Vinyl Plant Flooring, Carpet only in Bedrooms, Neutral Color Palette, Updated Lighting and Ceiling Fans.  Spacious Living Rooms are Flooded with Natural Light from Big Sunshine Windows.  Both Kitchens have Stainless Appliances, Gas Range, Built-In Microwaves, Bright White Cabinetry, Subway Tiled Back-splash and Cafe Dining Areas.  All 3 Bedrooms are Nicely Sized and have Ceiling Fans with Light Kits.  French Doors open to Patio Areas.  The Utility Area is Indoors.  There is a Unit Dedicated Detached Storage Shed.  Fabulous Close In Location! Minutes to Major Shopping, Roadways, Employers and Downtown Austin and All it Has to Offer!

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