**For full Offering Memorandum go to tinyurl.com/2901-Kestrel - Showings only with executed contract**
Investment Opportunity - South Austin Duplex Hidden pocket off the main road—close enough to be convenient but still tucked away. Both units come with long-term tenants, but they are on month-to-month leases, so the buyer can owner-occupy or increase rents to market value. Also, two full baths in each make it ideal for roommates.
This duplex is much newer than most of the typical buildings in the Austin area too. Since it’s built in the 90’s you don’t have the same worries about cast iron or other properties from 70’s and older duplexes.
Both sides are month-to-month - perfect because you’ll have the ability to raise rents up to market levels, and house-hackers can choose a unit to occupy after the close.
The location is superb - it’s minutes from Mopac and William Cannon, and it’s very convenient to Costco, HEB, Whole Foods, Sprouts, and all of Sunset Valley. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin.
Property Type :
Residential Income
Subdivision :
Cherry Creek Ph 08 Sec 05-a
County :
Travis
Style :
Residential Income
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ByOwner last updated this listing 05/13/2024 @ 02:37
MLS: 2058807
LISTED BY: Gregory Tran, Keller Williams Realty
SOURCE: ACTRIS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
