Live a stone’s throw away from Southwestern University in Historic Georgetown, Texas
1402 Laurel Street - Downtown Georgetown - Historic Charm with Investor Appeal: Duplex one block from Southwestern University.
Priced at $189,000 $175,000 - 1800+ SF: 2 Br/3 Ba/1 car garage + separate garage apartment
Rare Multifamily just 1 block from Southwestern. Step out of your front door and walk up the block for about 5 minutes and you’ll be in the heart of Southwestern University’s 700-acre campus. Surrounded by majestic pecan trees, this home is in the ideal setting for a savvy investor who recognizes the potential of downtown Georgetown real estate. This home has 3 sections: 1. A two-story with attached garage, master suite upstairs and two living areas with a second full bath on the first floor 2. An attached one-story studio 3. A detached garage with adjacent apartment. All 3 sections can be lived in independently from each other.
Single Family Potential. The beauty of this property is that it can also be easily converted to a single family home. Imagine walking past the kitchen into a former studio apartment that now has two additional bedrooms with a full bathroom, gameroom and kitchen-converted wet bar. Walk around back to the fully converted garage and use it as a full guest casita that doubles as a home office. The wood floors and original architectural characteristics of this home have been carefully preserved for even the most discriminating renovator. This is the ideal property for somebody who wants a home and future investment in a prime location.
Garage Apartment adds additional living space to the 1800 SF: Rent this space out or stick the guests here; With a little renovation this can be converted to a full 2 car garage, an ideal detached home office or a 1 bedroom casita. Has full bath, kitchen and private yard with separate entry.
Attached Studio retains rich authentic wood floors: Open up the double doors to your private courtyard and let a cool Texas breeze blow through your Studio located in the heart of Georgetown. This is true downtown living. Has private dining area, full kitchen and bath.
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Thursday 21 Feb 2008 | Your favorite HOMEboy | Georgetown Communities, Property Listings
This house offers a great location with several opportunities. I think is a little dated but has a cottage charm. Love the deck! I think an investor would get a great profit from this for a rental.