1602 Morgan Ln, #A & B

South Lamar, Austin, TX 78704

MOTIVATED SELLER, 2,610/sf residential Duplex property in South Central Austin's desired 78704 zip code. This 0.1891-acre property, located within trendy SoLA and SoCO neighborhoods, is a PRIME property for an Investor. This property is a possible conversion to a tri-plex based on City of Austin's recent "HOME Initiative" Resolution No. 20230720-126. Property consists of 2 side-by-side two-story residential unit, with private entry per unit. The property offers 2 private fenced backyards, separate utility meters, patios, utility sprinklers, landscaping, and in-wall wiring for security activation. This property has a 610 sqft detached garage structure, which contains 2-separate 305 sqft single-vehicle garages (1-per unit)each with finished drywall, storage, electricity, and automatic door opener. There is also space for tandem parking on driveway. Designed by Architect, Leland Decker and built in 2002 by The Muskin Co., the open-concept plan is spacious with high ceilings, open U-shaped kitchen, polished concrete floors, breakfast bar, shelved pantry, and in-closet W/D. Unit-A downstairs has a gas-log fireplace in LR-DR, half-bath, and Primary ensuite. The stairwell and upper level of Unit-A is replete with Wood floors, flex-space, 2-bedrooms, and full bath. Unit A is 1506 sqft and available for in-person viewing. Unit B is 1104 sqft is Owner-occupied and shown by appointment only. Unit B's sun-filled stairwell opens upstairs to wood floors, 2-bedrooms and a Hollywood-style bathroom with 2 private vanities. LOCATED within walking distance of trendy SoLA - SoCO restaurants, select shopping venues, and popular grocery stores, plus a short drive to Lady Bird Lake, Zilker Park, BC hiking trails, and Austin-Bergstrom International Airport. Please refer to attachments for a list of property improvements and information related to condo-minimization of property, should Buyer desire.