Austin, TX 78751,917 E 40th ST

$855,000

Est.Price: ?

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Est. payment /mo

2,578 SqFt


SOLD DATE : 08/17/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $279

Subdivision Plainview Heights

MLS Listing ID 3957200

Sold Date 08/17/21

Originating Board actris

Year Built 2002

Annual Tax Amount $9,570

Tax Year 2021

Lot Size 10,802 Sqft

Property Description

Fabulous Hyde Park income producing property on nearly a quarter acre! A rare opportunity to own a duplex with two separate residences, plus a guest house/office/loft! Currently leased to UT grad students until June 2022 with $3,900 in rent--and potential for additional $800 for a Unit B roommate, one room currently not rented, for easy potential total min rent of $4,700. Unit A consists of a charming and spacious 2/1 home built approximately in 1927 and an uber cool 1/1 loft built in 2002. Unit B is an amazing 3/2 residence, also built in 2002. Excellent current income producing opportunity and/or future owner occupy / condo regime. Rented consistently to UT grad students for years, with strong word-of-mouth referrals. New roof! Less than 2 miles to the center of campus, the UT Tower, or about a 10-minute bicycle ride. Hard-to-find opportunity in Hyde Park, one of the most coveted central Austin areas in town!

Location

State TX

County Travis

Interior

Interior Features Tile Counters, See Remarks

Heating Central

Cooling Central Air

Flooring Linoleum, Wood

Fireplace Y

Appliance Gas Range, Gas Oven, Water Heater

Exterior

Exterior Feature See Remarks

Fence None

Community Features See Remarks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View None

Roof Type Composition,Shingle

Accessibility None

Porch See Remarks

Total Parking Spaces 6

Building

Lot Description Interior Lot

Faces North

Foundation Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type HardiPlank Type,See Remarks

New Construction No

Schools

Elementary Schools Lee

Middle Schools Kealing

High Schools Mccallum

Others

Pets Allowed Yes, Negotiable

Restrictions Deed Restrictions

Acceptable Financing Cash, Conventional, VA Loan

Tax Rate 2.22667

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard

Pets Allowed Yes, Negotiable

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Listed by Central Austin Real Estate
Bought with Rebel Realty Investments LLC
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