Property Type Two Story
Status Active
Price Type
Distressed
Year Built 1940
Neighborhood Woodlawn Heights
Days on Website 62

Property Map

$749,000 – 1409 W Woodlawn Ave, San Antonio, TX 78201

Street View

Courtesy of The Leaf Group LLC, Timothy Hatch.

Description

100% Occupied!! Stabilized 8-plex with value add opportunity left. 6 of 8 units renovated and leased at higher rates. Ability to add washer/dryer to units and boost rents further. Attractive 2bed/1bath floorplans, great location!

Property Details and Features

Listing

  • List price: $749,000
  • 49 cumulative days on market
  • 49 days on market
  • Listing date: 2020-10-12 05:00:00
  • Listing ID: 1495807
  • Price per square foot: $100

Location

  • County: Bexar
  • Address direction: W
  • Address number: 1409
  • Address street: WOODLAWN AVE
  • Area: 0800
  • City: San Antonio
  • State: TX
  • ZIP code plus: 5532
  • ZIP code: 78201-5532
  • Subdivision: WOODLAWN HEIGHTS

Bedrooms

  • 2 bedrooms in unit 1
  • 2 bedrooms in unit 2
  • 2 bedrooms in unit 3
  • 2 bedrooms in unit 4
  • 2 bedrooms in unit 5
  • 2 bedrooms in unit 6
  • 2 bedrooms in unit 7
  • 2 bedrooms in unit 8

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
  • 1 full bathroom in unit 6
  • 1 full bathroom in unit 7
  • 1 full bathroom in unit 8

Property Access

  • Unit 1 handicap access: No
  • Unit 2 handicap access: No
  • Unit 3 handicap access: No
  • Unit 4 handicap access: No
  • Unit 5 handicap access: No
  • Unit 6 handicap access: No
  • Unit 7 handicap access: No
  • Unit 8 handicap access: No

House

  • 7,484 square feet
  • 8 total units
  • Approximate age: 80 years
  • Built in 1940
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator

Exterior Features

  • Brick

Floors

  • Wood
  • Vinyl

Foundation

  • Slab

Roof

  • Flat

Miscellaneous

  • Net operating income: $34,000
  • Unit 1 rent: $900
  • Unit 2 rent: $900
  • Unit 3 rent: $995
  • Unit 4 rent: $885
  • Unit 5 rent: $900
  • Unit 6 rent: $785
  • Unit 7 rent: $745
  • Unit 8 rent: $865
  • 5% vacancy rate
  • Annual operating expense: $50,000
  • Gross annual income: $84,000
  • Taxes
  • Insurance
  • Maintenance
  • All Utilities
  • Services
  • Other

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
  • 2 parking spaces for unit 5
  • Unit 5 parking type: Pad
  • 2 parking spaces for unit 6
  • Unit 6 parking type: Pad
  • 2 parking spaces for unit 7
  • Unit 7 parking type: Pad
  • 2 parking spaces for unit 8
  • Unit 8 parking type: Pad

Lot

  • Lot size: .44

Schools

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

Cooling

  • Window/Wall

Heating

  • Electric
  • Window Unit

Utilities

  • Separate Electric
  • Common Gas
  • City

Taxes

  • Total tax amount: $13,179

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