$1.15M

Description

Exceptional homes like this one with a proven successful income-producing track record are hard to find! Whether you're looking to expand your investment portfolio, purchase a 2nd home that helps offset ownership costs, or enjoy the flexibility of a primary residence with short-term rental potential, 2202 Santa Rita offers an opportunity that's difficult to replicate in one of East Austin's most desirable areas! This property has been a highly successful short-term rental, consistently generating strong annual income. With more than $107,000 in annual gross revenue this home brings in $4k-$5k on average each month. With some months exceeding $11k! What an outstanding earning potential for its next owner! Combined with its spacious bedroom layout, flexible floor plan, and sought-after location just minutes from Downtown, it's easy to see why guests continue to choose this home year after year! The home has a flexible 3-story floor plan that offers space to gather, work, host, and unwind. The first floor has a full bedroom and bath. On the 2nd floor is the primary suite, home office (tucked into the main bedroom), 2 additional bedrooms, and another full bath. On the 3rd story is a perfect loft space with enough room for a bedroom, living, and WFH. Plus, the garage gym is perfect for getting that morning work out in! Nestled on a quiet residential street, you'll enjoy the best of East Austin just outside your door. Walk or bike to neighborhood favorites like Flat Track Coffee, Mercado Sin Nombre, Launderette, la Barbecue, and H-E-B. Or spend weekends exploring Lady Bird Lake, the Butler Trail, Festival Beach, and Metz Park. Downtown, East 6th, and Rainey Street are all just minutes away, offering endless dining, entertainment, and nightlife! The next owner can step into a property that's been carefully maintained and positioned for continued success! Whether as an investment, a personal residence, or the perfect combination of both.

Property Details

Listing Agent