Property Map
Street View
Courtesy of Real, Tre Serrano {attribution_contact}
Description
Step into an excellent investment opportunity with this fully occupied 6-plex in Highland Park, striking the perfect balance between charming residential living and close proximity to the vibrant local shops of Denver Heights and other engaging downtown neighborhoods. Each of the one-bedroom, one-bathroom units has seen thoughtful renovations, blending contemporary functionality with timeless appeal. Nestled just a few minutes from the heart of the bustling downtown areas, the property represents not merely a residential offering but a gateway to diverse urban experiences. The proximity to a range of shopping, dining, and entertainment options ensures a persistent appeal to both current and future tenants, bolstering the property’s potential for sustained occupancy and continuous demand. Convenience extends to accessibility with dual access from Hammond St and an alternative alleyway at the rear. Tenants can appreciate the ample parking options available on-site and along the street and enjoy a shared common area at the back, enhancing the community feel within the property. A durable metal roof underscores a commitment to low-maintenance and longevity in your investment. To delve deeper into this promising opportunity and to arrange a detailed exploration of the property, schedule your showing.
Property Details and Features
Listing
- 179 cumulative days on market
- 179 days on market
- Listing date: 2023-10-01 05:00:00
- Price per square foot: $156
Location
- County: Bexar
- Subdivision: HIGHLAND PARK
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom in unit 3
- 1 bedroom in unit 4
- 1 bedroom in unit 5
- 1 bedroom in unit 6
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
- 1 full bathroom in unit 5
- 1 full bathroom in unit 6
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
- Unit 5 disability access: No
- Unit 6 disability access: No
Building
- 3,052 square feet
- 6 total units
- Approximate age: 84 years
- Built in 1940
- Builder: Unknown
Exterior Features
- Not Applicable/None
- Wood
Floors
- Wood
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $51,800
- Unit 1 rent: $850
- Unit 2 rent: $850
- Unit 3 rent: $800
- Unit 4 rent: $800
- Unit 5 rent: $800
- Unit 6 rent: $800
- 0% vacancy rate
- Annual operating expense: $7,080
- Gross annual income: $58,800
- Maintenance
- Management
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Detached
- 1 parking space for unit 2
- Unit 2 parking type: Detached
- 1 parking space for unit 3
- Unit 3 parking type: Detached
- 1 parking space for unit 4
- Unit 4 parking type: Detached
- 1 parking space for unit 5
- Unit 5 parking type: Detached
- 1 parking space for unit 6
- Unit 6 parking type: Detached
Lot
- Lot size: 0.176
Property
- Zoning: R-4/MF 2-4
Schools
- School district: San Antonio I.s.d.
- Elementary school: Bonham
- Middle school: Doris Miller
- High school: Highlands
Cooling
- Window/Wall
Heating
- Electric
- Window Unit
Utilities
- Separate Electric
- Common Water
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Water utility supplier: SAWS
Taxes
- Total tax amount: $8,603