Attention Parents & Investors!!! Amazing & Rare DUPLEX in Eastgate, less than a mile to campus.
Each side of this duplex features two-bedrooms and 2-bathrooms with ample parking and large fenced in yard. Don't let the exterior fool you - this property is larger than it seems with a large, open floorplan featuring a generous living room, eat-in kitchen, and 2 ample bedrooms with great closet space. On the bus route! Less than a mile to campus! All appliances convey.
Bedrooms in Eastgate rent around $500/each or more - this Duplex has the potential to rent for $2000/month and with 20% down, your principal & interest (mortgage) payments are around half that!
Parents - that allows your student to stay in one room and basically live for FREE! And, let's not forget, property in this area is appreciating at 7% each year. In as little as 3 years (given current market trends) your equity will be greater than your original 20% down payment!
Current Tenants in Unit A are on month-to-month starting May 31, 2016. Tenants in Unit B are month-to-month. Tenants in A pay $930/mo and Tenants in B manage/maintain A and pay $550/mo. Don't miss this one - will not last!
Contact Hanna Hayes - 512.373.6322 or Hanna@TM5Properties.com for more information or to schedule a showing! MLS 1601101