Austin, TX 78758
$305,000
Step into of $5400/mo gross income at full occupancy and $1500+ of monthly cash flow. Incredible opportunity for investors, house hackers and owner-occupants looking to get equity and cash flow. Originally a 4 bed 2 bathroom home, this property is currently setup as a 6 bedroom 2 bedroom coliving/padsplit. Convert the garage and add 2 more bedrooms for total of $7200/mo gross income. The property has great curb appeal, has been well maintained and boasts newer windows, fresh exterior paint, upgraded kitchen cabinets and primary bathroom. Outside you'll find a nice covered deck and expansive backyard with mature trees. Refrigerator, washer, dryer and furnishings can be included int the sale. Financing with cash, hard money, conventional or DSRCR loans only, due to co-living conversion financing with government backed loans is not possible. Contact listing agent for more info and financing options. Sold strictly as is, buyer and buyer's agent to do due diligence on the condition, financial projections, zoning, allowed use, etc.
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