7002 Bennett Ave, Austin, TX 78752

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List Price
$475,000
Status
ACTIVE
Days on Market
119
Price Change
▼ $50,000 1789607548
MLS#
9068753
Subtype
Residential Income
Year Built
2006
Living Area
2,376
Lot Size
8,302
Acres
0.19
Subdivision
St Johns College Addn
Neighborhood
St Johns College Addn
MLS Area Major
Austin - Central, Austin - East, Austin - North Central

Property Description

Investor-ready Austin duplex with immediate income and multiple exit strategies. Both remodeled units are leased on 12-month terms: Unit A at $1,650/month and Unit B at $1,450/month, producing $3,100 in gross monthly rent and $37,200 annually. Existing leases may support DSCR-based financing consideration, subject to lender underwriting, expenses and loan terms. Highlights include separate utility meters, a low-maintenance duplex configuration, stable rental history and a fee-simple lot with potential long-term upside. Located in the evolving St. Johns submarket near Downtown Austin, UT, Mueller and major employment centers. Execute as a long-term rental, optimize future rents or hold for appreciation in a central Austin redevelopment corridor. Potential owner-financing option available for qualified buyers, subject to seller approval and mutually acceptable price, down payment, rate and terms. Buyer to independently verify rents, leases, expenses, DSCR eligibility, financing and development potential.

Additional Information

Amenities
Ceiling Fan(s), Ceiling-High, High Speed Internet, Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat
Interior Features
Ceiling Fan(s), Ceiling-High, High Speed Internet, Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat
Exterior Features
See Remarks, Private Yard
Taxes
$10,233
Appliances
Dishwasher, Disposal, Microwave, Oven, Free-Standing Range, RNGHD, Refrigerator
Heating
Central, Electric
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
HardiPlank Type, Blown-In Insulation
Stories
2
Levels
Two
Roof
Composition
School District
Austin ISD
Elementary School
Pickle
Middle School
Webb
High School
Northeast Early College
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Listing courtesy of Pure Realty. Contact: (512) 539-8587

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