THIS PROPERTY LEASES BEFORE CHRSITMAS FOR THE FOLLOWING AUGUST EACH YEAR, WITH 1ST MONTH RENT DOWN! This is an excellent opportunity for your client to buy and hold and park some money for a little while before a redevelopment. With a recent remodel on the 7 studios in the back, Unit C, there is still room for rent raises across property. (ask about complete info on remodel) Couple that with being in the UNO overlay and a prime location at 24th and Rio Grande, this won't be an opportunity that lasts.
Perfect investment opportunity in West Campus! Property features front/back house combo, both beautifully updated. Front house features 2 bed/2 bath, hardwood floors, recessed lighting, granite counters, stainless steel appliances, new high grade insulation, and more! Back house features 2 bed/3 bath, hardwood floors, stone backsplash, granite counters, and office/study. Plenty of parking for tenants in both homes! Property is wired for security cameras. Located across from UT Law School!
WONDERFUL LOCATION IS KEY*Short Walk to UT*EASY to rent*Remodel/Tear Down*4 Large Efficiency Units + Garage Apt and Garage (can lease separately) + 4 Parking Spots*Kitchenettes w/ Stoves*Refrigerators Convey*No D/W*Large Walk-In Closets*Window Units&Space Heaters in All Units*Garage Leases for $150*Garage Apt $675*Current Total Rents: $3470/mo*Unit D: leased below mkt - tenant helps w/ rent collection & leasing so potential rent at $700+/mo would make total rents $3570+*No Viewing of Units Until Contract