Property Type Two Story
Status Pending
Price Type
Distressed
Year Built 1942
Neighborhood Tobin Hill
Days on Website 276

Property Map

$609,000 – 618 Atlanta St, San Antonio, TX 78212

Street View

Courtesy of Clear Integrity Group, LLC, Roxana Tofan {attribution_contact}

Description

Upgraded property in great condition. Roof installed 3/2020, rear deck rebuilt, boiler cabinet rebuilt. Renovated units include granite counter, hard wood and tile floors, stainless steel appliances, high ceilings. Other renovations include interior upgrades, electrical and HVAC upgrades, exterior repairs and paint, landscaping. Private parking. Property has 2 mini splits, one in each of the downstairs units, 1 conventional units with electronic dampers shared for both units, 1 water heater. HVAC was replaced in 2020. Plumbing repairs completed in 2020. Property has two long term leases and two units currently used as airbnb. Price includes all furniture in airbnb units valued at $25K. Current property manager receives high reviews and is interested in continuing for the new owner. Opportunity for increased income by switching all units to Airbnb. Close to 35, 410 and IH10. Near SAC, Pearl, First Friday, Hemisphere and Riverwalk.

Property Details and Features

Listing

  • 221 cumulative days on market
  • 221 days on market
  • Listing date: 2023-08-03 05:00:00
  • Price per square foot: $271

Location

  • County: Bexar
  • Subdivision: TOBIN HILL

Bedrooms

  • 1 bedroom in unit 1
  • 2 bedrooms in unit 2
  • 1 bedroom in unit 3
  • 2 bedrooms 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

  • 2,248 square feet
  • 4 total units
  • Approximate age: 81 years
  • Built in 1942
  • Builder: Unknown
  • Furnished
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer
  • Furnished
  • Oven/Stove
  • Refrigerator
  • Stacked Washer/Dryer
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator

Exterior Features

  • Siding

Floors

  • Ceramic Tile
  • Wood

Roof

  • Composition

Miscellaneous

  • Net operating income: $43,537
  • Unit 1 rent: $592
  • Unit 2 rent: $1,310
  • Unit 3 rent: $775
  • Unit 4 rent: $950
  • 70% vacancy rate
  • Annual operating expense: $24,386
  • Gross annual income: $67,923
  • Taxes
  • Insurance

Parking

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

Lot

  • Lot size: 0.108

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
  • Other

Utilities

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

Taxes

  • Total tax amount: $11,294

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