***PENDING SALE*** ACCEPTING BACK-UP OFFERS UNTIL 5:00 PM SUNDAY, FEB 7th It is very difficult (if not impossible) to find a 3-3 condo in Central Austin in this price range, let alone a condo that provides excellent cash flow, so this unit is ideal for an investor or parent who is seeking free housing for their UT student. Converted from a 2-2 to a 3-3 with a full renovation in 2012. In excellent condition. Sold fully furnished. Includes all furniture and appliances. IKEA bathrooms and furniture. Flat screen TV. Memory foam beds. Washer/dryer in unit. One bed/bath up and 2 downstairs. Downstairs bedrooms share a nice covered patio (this patio could be converted into another living area or two large closets). LowHOA fee ($157.30) and reasonable taxes generate an attractive 10% cap rate. Fully leased thru August 15th. Two reserved parking spots convey with this unit. (Spill-over parking spots are available on the adjacent side street.) Very short walk to bus line, e-z ride to campus. This complex is not warrantable due to the number of units being rented vs owner occupied so you will need a flexible mortgage lender or cash to purchase. No Seller Agents, please. 3% Paid to Buyer Agent.
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