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This beautiful east side gem has a history of successful Airbnb income and profit and is zoned CS-MU which means it can be used as a residence as well as a commercial property, including use as a hotel/motel and/or professional office among many other uses. It has prime location within short walking distance to Rainey Street, East 6th St, downtown, Lady Bird Lake, Plaza Saltillo, as well as the best bars, restaurants, and music venues in the city. This kind of investment opportunity doesn’t come around often in Austin. During festivals the entire property easily gets over $1,000 per night with potential for more. The current residents rent a single downstairs bedroom that has it’s own outdoor access and they bring in an average $1,000 per month. This house boasts 3 bedrooms, 3.5 baths, 2 relaxing living spaces, and 2 balconies with the front balcony providing downtown and Rainey Street skyline views. Each bedroom has it’s own luxury ensuite bathroom which is perfect for renters, families or offices. The outdoor space is perfectly landscaped and provides an excellent relaxation and entertainment space. The home is also wired for Google Fiber. If you want the rare flexibility of a great residential property and also a great income-generating commercial property this is a can’t miss.
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