$695,000
6
Units
Property Type
Two Story
Status
Active
Price Type
Distressed
Year Built
1950
Neighborhood
Lady Of Lake Gardens Ed
Days on Website
71
Property Map
$695,000 – 563 Sw 39th St, San Antonio, TX 78237
Street View
Courtesy of Lockwood Realty Group, LLC, Chad Curtis {attribution_contact}
Description
Explore the potential of 563 SW 39th St, San Antonio, TX 78237-an investment property in the Class C category. Featuring 3600 square feet of living space, this residence has demonstrated the capacity for increased gross rents, a consistent 100% occupancy rate and periodic updates which have genuinely improved living spaces. It’s a prime opportunity for investors seeking to optimize NOI and occupancy rates with further opportunity to value-add to the property. Take a closer look at this strategic investment in a fitting and very accessible location. Owners open to creative financing!
Property Details and Features
Listing
- 70 cumulative days on market
- 70 days on market
- Listing date: 2024-02-25 06:00:00
- Price per square foot: $193
Location
- County: Bexar
- Subdivision: LADY OF LAKE GARDENS ED
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
- 2 bedrooms in unit 3
- 3 bedrooms in unit 4
- 2 bedrooms in unit 5
- 2 bedrooms in unit 6
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
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
Building
- 3,600 square feet
- 6 total units
- Approximate age: 74 years
- Built in 1950
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Washer Connection
- Dryer Connection
- Window Coverings
- Other
- Oven/Stove
- Refrigerator
- Window Coverings
- Other
- Oven/Stove
- Refrigerator
- Window Coverings
- Other
- Oven/Stove
- Refrigerator
- Window Coverings
- Other
- Oven/Stove
- Refrigerator
- Window Coverings
- Other
- Oven/Stove
- Refrigerator
- Window Coverings
- Other
Exterior Features
- Patio Slab
- Has Gutters
- Cable TV Available
- Common Utility Room
- Level
- Stone/Rock
- Wood
- Siding
Floors
- Carpeting
- Vinyl
- Laminate
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $48,583
- Unit 1 rent: $1,050
- Unit 2 rent: $1,000
- Unit 3 rent: $750
- Unit 4 rent: $1,250
- Unit 5 rent: $1,200
- Unit 6 rent: $800
- 0% vacancy rate
- Annual operating expense: $24,017
- Gross annual income: $72,600
- Taxes
- Insurance
- Management
- All Utilities
Parking
- Unit 1 parking type: Pad
- Unit 2 parking type: Pad
- Unit 3 parking type: Pad
- Unit 4 parking type: Pad
- Unit 5 parking type: Pad
- Unit 6 parking type: Pad
Lot
- Lot size: 0.2111
Property
- Zoning: MF-33
Schools
- School district: Edgewood I.s.d
- Elementary school: Call District
- Middle school: Call District
- High school: Call District
Cooling
- Window/Wall
Heating
- Electric
- Window Unit
Utilities
- Common Water
- Common Electric
- Other
- City
- Electric utility supplier: CPS
- Garbage utility supplier: CPS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $5,532