HouseAustin (United States)

Price :

$4,500,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms5 bathrooms6 land769 m²

Capitalizing on Clarksville's bustling and expanding Sixth&Blanco district, this multi-unit property presents a unique investment opportunity. Currently operating as a profitable short-term rental, this offering is an investor's gem with an established income stream and high occupancy rates, situated next to the local favorite, Clark's Oyster Bar.
The property, a trio of distinct homes within one grand structure, has been thoughtfully restored to celebrate its historic charm while incorporating modern amenities. Hardwood floors, tasteful finishes, and a cozy fireplace in each unit provide an air of elegance and comfort, appealing to the most discerning guests.
Beyond the beautiful interiors, the property boasts an inviting front porch, and covered back patio, grilling area and yard, and five convenient parking spaces, enhancing its appeal. The location is unparalleled for those looking to enjoy the best of Austin's renowned culinary and nightlife scene.
Coming soon to the Sixth&Blanco district, a mixed-use concept of premier retail and restaurants, a bespoke hotel, and breathtaking homes. Designed by Pritzker award-winning Swiss architectural firm Herzog & de Meuron, and curated and operated by renowned hospitality team MML, it is certain to become a landmark destination that joins world-class experiences, service, and design.
This investment is not simply about acquiring a property; it's about owning a slice of Austin's vibrant culture and tapping into the growth of the Sixth&Blanco district. With the flexibility to maintain as separate rentals or reconfigure into a single-family residence, 608 Blanco Street offers strategic versatility for the savvy investor.
With the potential yearly long and short term renters earnings of $151,488 - $229,140, this home encompasses the possibilities of a lifetime.