Property Type Two Story
Status Active
Price Type
Distressed
Year Built 1950
Neighborhood Jefferson Terrace
Days on Website 116

Property Map

$570,000 – 905 Donaldson Ave, San Antonio, TX 78228

Street View

Courtesy of Becker Properties, LLC, Spencer Skubik {attribution_contact}

Description

Discover the allure of Jefferson Terrace, where timeless charm meets contemporary living. This thoughtfully updated property, rooted in the 1950s, introduces a seamless fusion of classic architecture and modern amenities. Each unit showcases sophisticated quartz countertops, stainless steel appliances, and upgraded cabinets, creating a stylish and functional kitchen space. The recent 2020 roof replacement ensures structural integrity, while separate electric and water meters streamline utility management. With three remodeled units generating positive cash flow, this property offers a compelling investment opportunity. Positioned closely to Thomas Jefferson High School and just 2.4 miles from St Mary’s University, it caters to educational needs. Additionally, the proximity to Woodlawn, a mere 1.2 miles away, provides access to recreational delights such as fishing, scenic trails, picnicking spots, a playscape, and sports fields. Explore the perfect blend of modern comforts and community charm at Jefferson Terrace – your gateway to a harmonious living experience.

Property Details and Features

Listing

  • 115 cumulative days on market
  • 115 days on market
  • Listing date: 2024-01-19 06:00:00
  • Price per square foot: $198

Location

  • County: Bexar
  • Subdivision: JEFFERSON TERRACE

Bedrooms

  • 2 bedrooms in unit 1
  • 2 bedrooms in unit 2
  • 2 bedrooms in unit 3

Bathrooms

  • 1 full bathroom in unit 1
  • 1 full bathroom in unit 2
  • 1 half bathroom in unit 2
  • 1 full bathroom in unit 3

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No

Building

  • 2,884 square feet
  • 3 total units
  • Approximate age: 74 years
  • Built in 1950
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer
  • Furnished
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer

Exterior Features

  • Mature Trees
  • Cement Fiber

Floors

  • Ceramic Tile
  • Wood
  • Vinyl

Roof

  • Composition

Miscellaneous

  • Net operating income: $41,200
  • Unit 1 rent: $1,250
  • Unit 2 rent: $1,600
  • Unit 3 rent: $1,500
  • 34% vacancy rate
  • Annual operating expense: $11,000
  • Gross annual income: $52,200
  • Not Applicable/None

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

Lot

  • Lot size: 0.163

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Madison
  • Middle school: Mann
  • High school: Jefferson

Cooling

  • One Central

Heating

  • Electric
  • Central

Utilities

  • Separate Electric
  • Separate Water
  • City

Taxes

  • Total tax amount: $10,465

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