Unlock a premier investment opportunity or multi-generational compound in the highly coveted North University enclave. This versatile SF3-zoned property delivers an exceptional incoming-producing setup, pairing a classic main residence with a detached secondary duplex. Ideal for short-term rentals, visiting professors, or extended family, the dynamic layout ensures immense strategic flexibility. Cross the brick-paved pathway and step inside the main house-a meticulously updated 1930s bungalow showcasing vintage charm. Warm hardwood floors, custom moldings, and an elegant fireplace anchor the inviting living room. Sun-drenched interiors are complemented by historic window shutters, a pristine white-subway-tile bathroom, and an exquisite dining room featuring custom built-ins and a timeless chandelier. Toward the rear of the lushly landscaped lot, the 2002-built carriage house presents two self-contained studio flats. The ground-level flat pairs rich stained concrete floors with a secluded, brick-paved patio perfect for outdoor lounging. Upstairs, a second studio boasts vaulted ceilings, a bright layout, and a private wooden deck framed by a canopy of mature trees. Both kitchens feature bespoke reclaimed vintage metal cabinetry from the UT chemistry lab, blending modern utility with local heritage. Upgrades include a leveled foundation, new windows, dual tankless water heaters, a smoke/CO detection system, and an enhanced irrigation system. Furniture is negotiable.Positioned blocks from UT Austin, Seton Medical Center, and the Moody Center, this property thrives on premium local demand. Residents can stroll to top-tier dining, explore downtown entertainment, or easily access Central Austin's finest cultural amenities. For more info, go to: https://wkf.ms/4aiv9bS