This charming East Austin property offers the perfect blend of comfortable living and income potential with the renovated, detached studio. Originally built in 1945, the main house of 1100 Cherico has high ceilings, two bedrooms and one bath across 910 square feet - a thoughtful floor plan allows for access from the primary bedroom into full bath, with laundry located conveniently in between. The owners of 1100 Cherico have lovingly updated the property, making it move-in ready and perfect for entertaining or enjoying quiet time at home. New schoolhouse light fixtures offer a comfortable glow, with the quality that comes from the well-known brand. The updated electrical panel ensures peace of mind, with pre-wiring for a backup generator and the potential for an EV charging port.Outside, an unexpected bonus - your own private, detached casita (accessory dwelling unit)! This 222 sq ft space features a separate entrance, a kitchenette, and a full bathroom, making it the perfect guest suite or income generator. The casita boasts a consistent rental income of $1,500 - $3,000 per month, offering a fantastic opportunity to offset your mortgage or create additional passive income.The sellers have transformed the outdoor space into a low-maintenance entertainer's dream. Stone pavers and landscaping create a welcoming entrance, while the backyard beckons with lush artificial turf installed by Southern Turf. The reinforced back-left corner is perfect for setting up a fun cowboy pool for those hot Texas days. For added privacy and security, a brand new Corten steel fence and gates were installed in April 2024.