MULTIPLE OFFERS - Best and Final 6p Sunday, Sept 10th. First time on the market after over 50 years in the same family! 2/1 back upstairs just refreshed with new: carpet, paint, blinds, light fixtures, bathroom sink/vanity, toilet, fun shower surround tile, kitchen countertop + backsplash, painted kitchen cabinets. Rare opportunity combining a premiere location w an incredible historic (built in 1922) front house + two garage apartments in the rear. Located in the Hancock neighborhood near UT w a .21/acre corner lot. Front home on the lot has gorgeous front porch, recent updates (both structural + cosmetic) + while currently separated out into two 1 bedroom |1 bath units w full kitchens + living rooms, it could easily be converted + restored to original single family home. Many options for this one besides returning the front house into a single family home: owner occupy one of the units, continue revenue generating w existing longer term tenants, determine future development / building opportunities, etc. Currently, the two Family Dwelling lot is used as fourplex + has been for a very long time. Electric is metered separately. Front house roofing work completed in 2018 - new roof decking, shingles, rebuild of rafter supports and replaced facia board + trim. Front house (501 Texas) cosmetic updates Unit A: tile walk-in shower, bathroom penny tile flooring, vanity, laminate flooring, updated tile wall in kitchen, tiled front porch, blinds For B Unit upstairs updates: tile shower surround, vanity, some laminate flooring. Only downstairs Front house has washer/dryer (or connections) in the unit. Be sure to visit matterport walk-through tour for virtual walk-through of all 4 units: https://www.chrissyhand.com/501texas Buyer to independently verify all information including but not limited to square footage, lot size, year built, zoning, building restrictions, taxes
Listed by Coldwell Banker Realty