Description
*Seller financing available with 25% down payment, 5.5% rate, 3 yr balloon, or will consider all financing offers. Seller willing to contribute to buy-down, closing costs, etc.* Unique opportunity in close-in, walkable East Austin! This custom-built property includes a 2,051 SF main house PLUS a 440 SF above-garage apartment to live, rent, or use however you desire! Inviting curb appeal welcomes you to the main house featuring an open-concept living-dining-kitchen and 3 bedrooms (all with en-suite baths) plus office with wood floors throughout. The interior has also recently been refreshed with new white paint. In the back, a fully-fenced yard separates the main house from the 2-car garage that is accessed by an alley and includes an outdoor stairwell leading up to a quaint one-bedroom apartment with full bathroom, kitchen, and in-unit washer/dryer. Enjoy it yourself as a quiet WFH office, dedicated guest room, exercise/studio space, etc. Or capitalize by long-term renting to UT students, short-term renting to weekend tourists, or maybe even slap a condo regime on the lot and sell off the back unit like neighboring properties have done. The property's layout provides unique value that savvy buyers will recognize as a smart investment, particularly with the lot's SF3 zoning and ability to accommodate an additional unit. Urban enthusiasts will love the Chestnut neighborhood where numerous dining and entertainment options are within walking distance and downtown Austin and the University of Texas are an easy 10 minutes away. This area is hot and only getting hotter as development continues east and north. Come see all that this special property has to offer!
