Property Type Two Story
Status Active
Price Type
Distressed
Year Built 1920
Neighborhood Mahncke Park
Days on Website 21

Property Map

$850,000 – 224 Queen Anne Ct, San Antonio, TX 78209

Street View

Courtesy of Fathom Realty, Katharine Blessing {attribution_contact}

Description

**PLEASE DO NOT DISTURB TENANTS** Introducing this captivating 4-plex nestled on a corner lot, boasting the rare advantage of a double lot in the heart of Mahncke Park. Enjoy the convenience of access to downtown and the close proximity to Brackenridge Park, the San Antonio Zoo, SA Botanical Gardens, The Pearl, an array of culinary delights, and efficient public transportation options. Each of the 4 spacious units features both living and dining areas, meticulously updated kitchens, and the timeless elegance of original wood flooring. With the added convenience of a private stackable washer/dryer in every unit, tenants experience comfort and convenience. The shared wrap-around porch adorns both levels, offering a charming space to unwind and soak in the beauty of the surrounding neighborhood. Currently fully rented, this property presents an exceptional opportunity for investors seeking a lucrative venture in one of San Antonio’s most desirable locales. Don’t miss your chance to own this gem in the bustling heart of Mahncke Park!

Property Details and Features

Listing

  • 20 cumulative days on market
  • 20 days on market
  • Listing date: 2024-04-25 05:00:00
  • Price per square foot: $287

Location

  • County: Bexar
  • Subdivision: MAHNCKE PARK

Bedrooms

  • 1 bedroom in unit 1
  • 1 bedroom in unit 2
  • 1 bedroom in unit 3
  • 1 bedroom in unit 4

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

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No
  • Unit 4 disability access: No

Building

  • 2,960 square feet
  • 4 total units
  • Approximate age: 104 years
  • Built in 1920
  • Builder: Uk
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Window Coverings
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Window Coverings
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Window Coverings
  • Oven/Stove
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Window Coverings

Exterior Features

  • Mature Trees
  • Wood

Floors

  • Wood

Roof

  • Composition

Miscellaneous

  • Net operating income: $51,900
  • Unit 1 rent: $1,335
  • Unit 2 rent: $1,300
  • Unit 3 rent: $1,225
  • Unit 4 rent: $1,325
  • 2% vacancy rate
  • Annual operating expense: $10,211
  • Gross annual income: $62,111
  • Maintenance
  • Management

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Street
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Street
  • 2 parking spaces for unit 3
  • Unit 3 parking type: Street
  • 2 parking spaces for unit 4
  • Unit 4 parking type: Street

Lot

  • Lot size: 0.287

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Lamar
  • Middle school: Mark Twain
  • High school: Fox Tech

Cooling

  • Other

Heating

  • Electric
  • Other

Utilities

  • Separate Electric
  • Common Water
  • City
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: City
  • Water utility supplier: SAWs
  • Sewer utility supplier: SAWs

Taxes

  • Total tax amount: $21,477

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