Property Map
Street View
Courtesy of LPT Realty LLC, Marc Longoria {attribution_contact}
Description
Attention Investors: This triplex got stripped down to the studs and completely renovated. Pretty much everything is new from the leveling of the foundation, new AC units, new water heaters, new electrical wiring, new siding, floors, bathrooms, windows, doors, and so much more. Each unit has a 2/1 with a large parking area in the back part of the property. If you’re looking for a cash-flowing investment property to add to your real estate portfolio, look no further. This triplex is located on a major thoroughfare (Culebra Rd), near restaurants, schools, shopping, churches, and it’s only a 10-minute drive to the heart of downtown San Antonio. It’s perfect for short-term rentals like Airbnb, mid-term rentals for traveling professionals, or long-term rentals for anyone needing a more permanent place to live. Unit 201 has been leased (12-month lease at $1,000 per month).
Property Details and Features
Listing
- 124 cumulative days on market
- 124 days on market
- Listing date: 2023-12-29 06:00:00
- Price per square foot: $171
Location
- County: Bexar
- Subdivision: LOMA AREA 1A ED
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
- 2 bedrooms 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
- 2,048 square feet
- 3 total units
- Approximate age: 38 years
- Built in 1986
- Builder: Unkown
- Oven/Stove
- Stacked Wsh/Dry Connect
- Oven/Stove
- Stacked Wsh/Dry Connect
- Oven/Stove
- Stacked Washer/Dryer
Exterior Features
- Mature Trees
- Level
- Wood
- Siding
- Cement Fiber
Floors
- Ceramic Tile
- Vinyl
- Laminate
Roof
- Composition
Miscellaneous
- Net operating income: $32,000
- Unit 1 rent: $1,000
- Unit 2 rent: $1,000
- Unit 3 rent: $1,000
- 5% vacancy rate
- Annual operating expense: $4,000
- Gross annual income: $36,000
- Taxes
- Insurance
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
Lot
- Lot size: 0.184
Schools
- School district: Edgewood I.s.d
- Elementary school: Call District
- Middle school: Call District
- High school: Call District
Cooling
- Multi-Unit Central
- Three+ Central
Heating
- Electric
- Central
- 3+ Units
Utilities
- Separate Electric
- City
Taxes
- Total tax amount: $3,106