209 Leland ST, Austin TX 78704

Beautifully updated income producing Travis Heights property in 78704! Walk to South Congress! 2 buildings on the lot with 3 private living units (total of 2300 square feet). Front Main house is 3 bed 2 bath at 1344 sq ft. BONUS Back 2-story guest house that was built in 2009 has TWO additional private living units - UPSTAIRS back guest house is 1 bed 1 bath at 545 sq ft, DOWNSTAIRS back guest house is 1 bed 1 bath at 411 sq ft. New AC in all 3 living units (2020). Updated all 4 bathrooms and all 3 kitchens on the entire property. Brand new fencing installed in between 2 buildings for privacy. Covered parking installed in the back. Live in the front main house and lease out the back 2 guest apartments with two passive income streams. 2020 gross rental revenue was $75K. NO HOA!!! Lot is zoned SF3 and slated to change zoning to the new R4 zoning (highly sought after) under the Austin CODENext LDC (Land Development Code) which allows to build up to 4 total units as tall as 32 feet! Available fully furnished (8 person hot tub negotiable as well). Property is tenant occupied, early termination possible if buyer prefers possession upon closing. Lease back to the buyer for any of the units is an option as well. Only shown with a pre approval financing letter.