Great investment income property, fully leased and cash flowing from day one. Offered at $345,000, which is below a recent $500,000 appraisal. This fully occupied duplex features two spacious 3 bedroom 2 bathroom units generating $1,600 per month in rent per unit, totaling $3,200 per month or $38,400 per year in gross rental income. *Rent prices are subject to change.* Titled as real property, this is a rare opportunity to secure instant equity, consistent cash flow, and a turnkey asset in a high demand rental market. The property has a strong rental history and stays rented. Among the strongest cap rate opportunities currently available in Austin. Potential to refinance after purchase and access equity based on current valuation. Do not disturb tenants. Showings allowed by appointment only.
Active
$345,000
8403 Riverstone Dr, Austin, TX 78724
6beds
4baths
2,160sqft
Est.:
Duplex
Built in 2002
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
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- on Zillow |
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