Pending,Taking Back-ups – 2633 W 49th – (Representing Buyer/Seller)

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2633 W 39th Street is a great investment opportunity in the heart of Rosedale in central Austin.  This unique opportunity consists of two, detached units each with 2 bedrooms and 1 bath.  These units also have private back yards.

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This property was built in 1950 and has some deferred maintenance (priced accordingly) and could use a remodel which would likely allow for increased rents.  Currently the units are getting $1500/month (unit A) and $1550/month (Unit B).  The front unit lease expires in July of 2013 and the rear unit has chosen to renew the lease, starting August 1, 2013 for $1650/month.

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Recommended remodel:

Exterior:

-New windows

-Repair damaged siding

-New roofs on both units

-Exterior Paint

-Landscape

Interior:

-Scrape popcorn

-New lighting

-Update kitchen

-Paint

-New Appliances

If you are interested in learning more about this Austin Duplex or for assistance purchasing or selling Austin Multifamily Real Estate, contact me at (512) 786-1515