$749,000
8
Units
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