Equity, equity, equity! Owner-occupant/Investor's dream opportunity to build equity in this revitalizing neighborhood! This spacious 2-unit property in the highly sought-after South Austin market offers endless potential with an additional non-conforming basement. Add the finishing details to create your dream space. The home boasts brand new roof, water heaters, siding, furnaces, and more, leaving only cosmetic & appliance updates for you to create instant built-in equity. Flooded with natural light and plenty of space, this multifamily is a great opportunity to live rent-free by renting out the additional unit plus the basement unit! Some photos have been virtually staged. The cap rate ranges from seven to twelve, making it a prime investment. Plus, the Landbank is offering an amazing TWENTY THOUSAND DOLLAR grant with owner-occupants needing only one thousand at closing. Buyer can use lender of their choice and still receive grant. Don't miss out on this high-potential investment in a rapidly appreciating area! Act fast! The home is located in a transforming area that is experiencing significant investment and equity growth! The neighborhood is evolving & home prices are rising fast, located in a close knit community with exciting potential for continued equity.
