1700 Northwood RD, Austin TX 78703

Description

Brykerwoods 4plex income producing property on a spacious corner lot with large shared yard space convenient to Seton, UT, and Downtown. The floorplan mix includes a duplex facing Northwood with two leased units both 2/1. In the other Duplex facing Jefferson there’s an upstairs 1/1 with a spacious loft and covered patio that is leased and downstairs there’s a Studio apartment that is also currently leased. The Studio is primed for expansion to a full 1/1 utilizing the single bay garage adjoining the space. There’s a separate laundry room w/ washers and dryers and enough off-street parking for each bedroom space. No carpet in any of the units and some feature original hardwoods with updating already done to several kitchens and bath spaces. The area has a high bike score of 75! The location is prime for future redevelopment so many opportunities exist whether its for cash flow, capital improvement to increase cash flow and appreciation, or future site redevelopment. Inquire about recent third party independent appraisal report validating sales price