Step inside La Rosa – The Rose!
Where modern day amenities meet classic East side charm, creating a rare opportunity to own a potentially high-income producing asset in the urban core of the city, and just steps away from all things Austin! Essential to East Austin living are the two covered, outdoor living spaces- one with a brand new Cowboy pool and turf grass for maintenance free living. Perfect for entertaining and small gatherings, invite your friends, family, and guests alike! Located only blocks from I-35, walking distance to Saltillo District, Rainey Street and a multitude of other East Austin bars, restaurants, and retail. Less than 10 minutes to ABIA and easy access to Hwy 183. Here is the East Austin jewel you've been waiting for!
This eclectic, yet recently remodeled cottage lives like a 4 bedroom home, but could easily be converted into a Short-Term Rental or duplex for maximum occupancy and profitability. The home boasts two full kitchens, two living spaces and two private entrances in order to help make this investor’s dream, a total reality! Pops of color and lively wallpaper make this home the PERFECT short term rental, and is being sold fully furnished, creating the ultimate turn-key business! Rent out one side and live on the other, rent out both sides separately, or rent the entire home! More flexibility, means more $$$! This is truly a one-of-a-kind cashflow opportunity for any investor with a projected 7.5% Cap Rate and just under $13,000/month in Total Income. This recently remodeled property (each unit is 2Bed/1Bath layout) is not only a great long term equity appreciate play, but ALSO can cashflow IMMEDIATELY!
Don’t miss out on this one!
OFFERED AT $1,090,000
La Rosa is located in the heart of East Austin, which has become an increasingly popular part of the city due to a plethora of recent developments in the immediate area, as well as it still embraces the charm of what makes Austin “weird”. Commute times in this area are super-efficient for you, your Tenants, and/or guests due to the proximity to Interstate Highway-35, Cesar Chavez, East 6th Street, HWY 183, and with the Plaza Saltillo Station Light Rail stop that is located within walking distance. Bring your appetite to and thirst for adventure to East Austin as huge portions and Texas-sized hospitality await your Tenants and guests. Home to hundreds of restaurants, bars, and live music venues, the appeal of so many walkable city amenities, located just minutes away from one of Austin’s most uniquely funky homes, is undeniable.
