$995,000
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607 Bellevue Pl Austin, TX 78705
Duplex
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Baths
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Now is a great time to elevate your investment portfolio with 607 Bellevue Place, a duplex strategically located in Austin's Hancock neighborhood, directly next to the University of Texas. Perfectly positioned for investors with both Unit A and Unit B generating $2,800 per month each, yielding a tot...al of $5,600 monthly rental income. After accounting for a 30% expense ratio, the net operating income (NOI) is approximately $3,920 per month or $47,040 annually. The value of 607 Bellevue as an investment is unparalleled due to its proximity to UT, ensuring perpetual demand. This property is already pre-leased for the 2025 school year, with the current rental prices reflecting this commitment. With projections of rental increases between 5-10% dependent on school enrollment trends, the investment potential here is not just in current income but in future value appreciation. This is your sign to learn about why student housing investing is one of the most predictable returns you will find in the industry.
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MLS#
7797584
Property Type
Duplex
Year Built
1956
Stories
1.0
Sewer
Public Sewer
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