$240,000
2
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1940
Neighborhood
Not In Defined Subdivision
Days on Website
75
Property Map
$240,000 – 262 Ray Ave, San Antonio, TX 78204
Street View
Courtesy of Full Spectrum Realty, Terry Todd {attribution_contact}
Description
Whether you’re an investor seeking lucrative returns or a judicious family craving the unique home, this home free from HOA restrictions, is a passive income opportunity. Live in one and rent the second! Or keep loved ones close? This corner lot home with casita is seeking that special someone with the big picture mindset! Close to heart of downtown San Antonio! Embrace the possibilities with $5,000 from the seller
Property Details and Features
Listing
- 74 cumulative days on market
- 74 days on market
- Listing date: 2024-03-06 06:00:00
- Price per square foot: $129
Location
- County: Bexar
- Subdivision: NOT IN DEFINED SUBDIVISION
Bedrooms
- 3 bedrooms in unit 1
- 1 bedroom in unit 2
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Building
- 1,858 square feet
- 2 total units
- Approximate age: 84 years
- Built in 1940
- Builder: Unknown
- Oven/Stove
- Disposal
- Refrigerator
- Washer Connection
- Dryer Connection
- Disposal
- Refrigerator
- Washer Connection
- Dryer Connection
Exterior Features
- Patio Slab
- Stone/Rock
- Wood
Floors
- Vinyl
Foundation
- Slab
Roof
- Metal
Miscellaneous
- Net operating income: $18,900
- Unit 1 rent: $1,200
- Unit 2 rent: $750
- 0% vacancy rate
- Annual operating expense: $4,500
- Gross annual income: $23,400
- Taxes
- Insurance
- Other
Parking
- Unit 1 parking type: Street
- 1 parking space for unit 2
- Unit 2 parking type: Pad
Lot
- Lot size: 0.104
Property
- Zoning: IDZ
Schools
- School district: San Antonio I.s.d.
- Elementary school: Collins Garden
- Middle school: Harris
- High school: Burbank
Cooling
- Multi-Unit Central
Heating
- Natural Gas
- Central
Utilities
- Separate Electric
- Separate Gas
- Common Water
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $4,208