Property Map
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