Original cottage home built back in 1926, the garage in back was converted into 2 units - 1/1 apartments. 1 upstairs and 1 downstairs. All units are leased. Current rent on the cottage home is $1800, Unit A (down) is $1200 and Unit B (up) is $1100. All leases end December 31, 2022 and they all would welcome an opportunity to stay in their units. Mail addresses already established as 304 E Live Oak Unit A & B for the 2 apartments. Incredible development opportunity in 78704 on a corner lot with access on 2 fronts. Build your dream home in the Heart of South Austin within walking distance to Big Stacy Pool, numerous restaurants, shopping, live entertainment venues all down South Congress. Downtown Austin, Ladybird Lake, Congress Bridge just 2 miles north on Congress Avenue for your evening and weekend fun. Lots of new contemporary construction all around, ideal for SFR or possible double units on this lot with some creative engineering.