We are looking to assign equitable interest on these 4 amazing Duplexes In East Austin. We will assign each duplex for 350k each. Strong preference for cash or hard money for closing in a timely efficent manner. (No owner Finance Sorry). Foundations for each duplex were checked and all are in great shape (NO FOUNDATION ISSUES). These properties can be broken up to be sold individually or all as a group.
Each Duplex is 1440 square foot, and each duplex contains two 720 Sq Foot Units 2b/1b unit. The duplexes were all built in 1964 and each unit features two bedrooms, on bathroom, a kitchen, and a nice backyard area per individual unit.
Each property has been well maintained, but some of the units could use a little TLC or value add rehabs to be able to increase rents or to break up into individual units as sell as 8 different units, or a developer may consider holding these properties for a while then building newer more modern properties to really increase your over all margins and income potential.
There are all sorts of new modern builds going up around the neighborhood as this is such a HOT area in Austin. All homes are tucked away in the Flourney Heights Subdivision right in beautiful East Austin.
Duplex One, Austin, TX 78721, Is on a 8,616 Square Foot Lot
Duplex Two, Austin Texas 78721, is on a 7,327 Square Foot Lot
Duplex Three, Austin Texas 78721 is on a 9,100 Square Foot Lot
Duplex Four, Austin Texas 78721, is on a 6970 Square Foot Lot
To be able to secure the units the buyers will need to provide a $5,000 non-refundable deposit (Per Property) to Capital Title and be able to close within 30 days. Buyer to do their own diligence and all units sold AS-IS
For all photos of projects visit https://drive.google.com/drive/folders/1WoEIoByt1gt1kfPDQOuegwiYS0IDcUhG?usp=sharing