Property Map
Street View
Courtesy of Real, Loren Polito {attribution_contact}
Description
Beautiful, 8-unit corner lot in the desirable neighborhood of Alta Vista. MF-33 zoning with parking! Properties like this don’t come available very often. All units are 1 bedroom 1 bathroom with hardwood floors, central HVAC, updated kitchens and all units are in great shape. 7 out of the 8 HVAC units were replaced in 2022 and the other one is a few years old. Most rents range from $865-$910 so there is room for rent increases across the board. Tenants pay water and electricity, and owner only pays for garbage which the new owner could add into their next lease renewal. There is a coin operated separate laundry facility on site. This property always stays rented and is a fully turnkey investment for anyone looking for a solid long-term investment.
Property Details and Features
Listing
- 93 cumulative days on market
- 64 days on market
- Listing date: 2024-02-23 06:00:00
- Price per square foot: $232
Location
- County: Bexar
- Subdivision: ALTA VISTA
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom in unit 3
- 1 bedroom in unit 4
- 1 bedroom in unit 5
- 1 bedroom in unit 6
- 1 bedroom in unit 7
- 1 bedroom 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
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
- Unit 5 disability access: No
- Unit 6 disability access: No
- Unit 7 disability access: No
- Unit 8 disability access: No
Building
- 4,641 square feet
- 8 total units
- Approximate age: 90 years
- Built in 1934
- Builder: N/a
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
Exterior Features
- Mature Trees (ext feat)
- Stucco
Floors
- Ceramic Tile
- Wood
Roof
- Flat
Miscellaneous
- Net operating income: $82,200
- Unit 2 rent: $745
- Unit 3 rent: $865
- Unit 4 rent: $875
- Unit 5 rent: $900
- Unit 6 rent: $910
- Unit 7 rent: $865
- Unit 8 rent: $895
- 0% vacancy rate
- Annual operating expense: $0
- Gross annual income: $82,200
- Not Applicable/None
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Attached
- 1 parking space for unit 2
- Unit 2 parking type: Attached
- 1 parking space for unit 3
- Unit 3 parking type: Attached
- 1 parking space for unit 4
- Unit 4 parking type: Attached
- 1 parking space for unit 5
- Unit 5 parking type: Attached
- 1 parking space for unit 6
- Unit 6 parking type: Attached
- 1 parking space for unit 7
- Unit 7 parking type: Attached
- 1 parking space for unit 8
- Unit 8 parking type: Attached
Lot
- Lot size: 0.212
Property
- Zoning: MF-33NCD-2
Schools
- School district: San Antonio I.s.d.
- Elementary school: Call District
- Middle school: Call District
- High school: Call District
Cooling
- Multi-Unit Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Common Water
- City
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: Private
- Water utility supplier: SAWS
- Sewer utility supplier: City
- Other utility supplier: N/A
Taxes
- Total tax amount: $22,240