Property Type Two Story
Status Active Option
Price Type
Distressed
Year Built 1940
Neighborhood Monte Vista
Days on Website 17

Property Map

$464,950 – 224 E Mulberry Ave, San Antonio, TX 78212

Street View

Courtesy of Houses In San Antonio, Angie Borras {attribution_contact}

Description

Fantastic opportunity in historical Monte Vista! Units are all leased & never go vacant. One additional studio apartment just recently finished & launched for lease to provide additional income. All units have been well maintained, have beautiful hardwood floors/vinyl in kitchen & renovated bathrooms. The studio has laminated wood flooring throughout, butcher block kitchen counter, stackable washer/dryer & presently vacant while finishing touches are added to include mini-split system. Close to The Pearl & downtown attractions with great accessibility to all major thoroughfares. Would make a great short term rental property. Hurry!

Property Details and Features

Listing

  • 16 cumulative days on market
  • 16 days on market
  • Listing date: 2024-05-03 05:00:00
  • Price per square foot: $133

Location

  • County: Bexar
  • Subdivision: MONTE VISTA

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

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

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

Building

  • 3,498 square feet
  • 5 total units
  • Approximate age: 84 years
  • Built in 1940
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Window Coverings
  • Oven/Stove
  • Refrigerator
  • Window Coverings
  • Oven/Stove
  • Refrigerator
  • Window Coverings
  • Oven/Stove
  • Refrigerator
  • Window Coverings
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer
  • Window Coverings

Exterior Features

  • Mature Trees
  • Cable TV Available
  • Mature Trees (ext feat)
  • 4 Sides Masonry

Floors

  • Wood
  • Vinyl

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $32,456
  • Unit 1 rent: $945
  • Unit 2 rent: $945
  • Unit 3 rent: $970
  • Unit 4 rent: $945
  • Unit 5 rent: $795
  • 0% vacancy rate
  • Annual operating expense: $13,204
  • Gross annual income: $45,660
  • Historic District
  • Taxes
  • Insurance
  • Maintenance

Parking

  • 2 parking spaces for unit 1
  • Unit 1 parking type: Pad
  • 2 parking spaces for unit 2
  • Unit 2 parking type: Pad
  • 2 parking spaces for unit 3
  • Unit 3 parking type: Pad
  • 2 parking spaces for unit 4
  • Unit 4 parking type: Pad
  • 1 parking space for unit 5
  • Unit 5 parking type: Pad

Lot

  • Lot size: 0.215

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Call District
  • Middle school: Call District
  • High school: Call District

Cooling

  • Window/Wall
  • One Window/Wall
  • Two Window/Wall
  • 3+ Window/Wall
  • Heat Pump
  • Other

Heating

  • Electric
  • Heat Pump
  • Panel

Utilities

  • Separate Electric
  • Separate Gas
  • Common Water
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: CITY
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS

Taxes

  • Total tax amount: $14,823

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