St Johns College Addn
Exceptional opportunity to acquire a recently remodeled duplex in Austin's rapidly evolving St. Johns submarket. The property offers multiple investment strategies including traditional long-term rental, owner-occupancy with supplemental income, or long-term hold for appreciation. Unit A currently generates strong rental income while Unit B provides flexibility for owner occupancy or lease-up at market rents. Historical tenancy has been exceptionally stable, with the most recent tenant occupying one unit for approximately eight years. Key investment highlights include: Recently remodeled units Separate utility meters Strong rental demand location Minutes to Downtown Austin, UT, Mueller, and major employment centers Large lot with future upside potential Stable tenant history Low-maintenance duplex configuration Opportunity to increase cash flow through lease optimization The surrounding neighborhood continues to experience significant reinvestment with newer duplex, condo, and townhome developments contributing to rising property values and increasing demand for housing. Central Austin locations with income-producing assets on fee-simple lots remain increasingly difficult to replace. Ideal for investors seeking long-term appreciation combined with current income, or owner-occupants looking to substantially reduce housing costs through rental income. A rare opportunity to secure a cash-flowing asset in one of Austin's most active redevelopment corridors.
Listing provided by Roland Castillo · Pure Realty · (512) 539-8587
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