Property Map
Street View
Courtesy of Keller Williams City-View, John Zamora {attribution_contact}
Description
Welcome to this exceptional investment opportunity featuring not just one, but three occupied units, each with its own distinct charm and functionality. All three units are currently leased, ensuring immediate income for the savvy investor. Convenience meets efficiency with separate electric meters for each unit, giving tenants control over their usage and billing. Streamlined management with a single water meter for the property, simplifying utility oversight while promoting responsible usage among tenants. Two active leases offer stability, while the month-to-month tenancy provides opportunities for adjustments or reconfiguration as needed. With the roof upgraded approximately 3 years ago, this will minimize the roof maintenance for many years to come. The included extra lot behind the property opens doors for expansion or creative development ideas, enhancing the property’s value and future possibilities. Don’t miss out on this opportunity to own a multi-unit property with endless possibilities!
Property Details and Features
Listing
- 166 cumulative days on market
- 166 days on market
- Listing date: 2023-12-03 06:00:00
- Price per square foot: $123
Location
- County: Bexar
- Subdivision: PROSPECT HILL
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom in unit 3
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
Building
- 1,632 square feet
- 3 total units
- Approximate age: 97 years
- Built in 1926
- Builder: Unkown
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
Exterior Features
- Cross Fenced
- Level
- Wood
- Siding
Floors
- Ceramic Tile
- Linoleum
- Vinyl
Roof
- Composition
Miscellaneous
- Net operating income: $19,156
- Unit 1 rent: $563
- Unit 2 rent: $625
- Unit 3 rent: $700
- 10% vacancy rate
- Annual operating expense: $3,500
- Gross annual income: $22,656
- Not Applicable/None
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Street
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad,Street
- 2 parking spaces for unit 3
- Unit 3 parking type: Pad,Street
Lot
- Lot size: 0.093
Property
- Zoning: R-4
Schools
- School district: San Antonio I.s.d.
- Elementary school: De Zavala
- Middle school: Losoya
- High school: Lanier
Cooling
- Window/Wall
Heating
- Natural Gas
- Panel
Utilities
- Separate Electric
- 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: $3,584