Historic charm, immediate rental income, and expansion potential in Austins North University neighborhood! Built in 1920, 3408 Cedar St offers an opportunity to own an income-producing duplex near the University of Texas. The main home features a 2-bedroom, 2-bath unit and a 3-bedroom, 2-bath unit, both currently leased, generating a combined $4,250 in monthly rent. Approximately 2,040 square feet of existing living space, separately metered utilities, and alley access add to the propertys appeal.Per information provided by an architect, the 7,440-square-foot lot allows for up to three residential units and one accessory building, with up to 4,836 square feet of total living space across three structures. Collect income from the existing units while exploring opportunities to expand and maximize the propertys use. Historic character, proximity to UT, and development potential make this a compelling opportunity in Central Austin.Buyer to perform their own due diligence. Development information is based on an architects assessment and is not a guarantee of city approval.
Listed By
Agency Name: Direct Effect Real Estate
Agency Contact: (512) 423-8264
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 3,115.53 per month $1,780.23 Principal & Interest $1,102.00 Property Tax $233.30 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3408 Cedar St | MLS# 2501774
This multi-family property located at 3408 Cedar St, Austin, TX 78705 is currently listed for sale with an asking price of $799,900. Cedar St is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.