Income-Producing Bungalow in Prime Holly Location – Two Units on Full Lot w/ Alley Access! This charming craftsman bungalow offers endless possibilities—live, rent, or develop in the heart of East Austin’s coveted Holly neighborhood. Sitting on a 7,072 sq. ft. lot with alley access, this income-producing property features two fully separate units, making it ideal for a primary residence with rental income, STR, long-term rental, or a creative live/work setup. Over $31K in Improvements, including a full basement renovation, bathroom remodels, French door replacement, paint, hardware, window and door repairs, and system upgrades like mini-splits, insulation, and a tankless water heater. Unit A – Upstairs: 1,067 sq. ft. | 2-bed, 2-bath + bonus room Original hardwood floors, tall ceilings, updated kitchen, dedicated dining, in-unit laundry, and screened-in porch. Currently operating as an STR with income history available. Unit B – Downstairs: 478 sq. ft. | 1-bed, 1-bath + bonus space Private-entry unit recently renovated with a full bathroom remodel, refinished concrete floors, kitchenette, laundry hookups, and custom built-ins—perfect for rental income, guests, or office space. Enjoy unbeatable walkability to Austin’s top restaurants, coffee shops, and trails. This is a rare opportunity to own a versatile, move-in-ready property in one of the city’s most sought-after neighborhoods.