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 unitsSeparate utility metersStrong rental demand locationMinutes to Downtown Austin, UT, Mueller, and major employment centersLarge lot with future upside potentialStable tenant historyLow-maintenance duplex configurationOpportunity to increase cash flow through lease optimizationThe 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.
Listed By
Agency Name: Pure Realty
Agency Contact: (512) 539-8587
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 2,174.30 per month $1,168.42 Principal & Interest $852.75 Property Tax $153.13 Homeowner's Insurance
7002 Bennett Ave | MLS# 9068753
This multi-family property located at 7002 Bennett Ave, Austin, TX 78752 is currently listed for sale with an asking price of $525,000. Bennett Ave is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.