$519,900
5
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1965
Neighborhood
I35 So. To E. Houston (sa)
Days on Website
29
Property Map
$519,900 – 1529 N Walters, San Antonio, TX 78202
Street View
Courtesy of White Line Realty LLC, Hillary Romero {attribution_contact}
Description
Opportunity Zone 5plex! 100% occupied at market rents with leases. Has Foundation Warranty. This multi-family property is in the path of major growth and appreciation. New city park is across the street, which is a nice draw for tenants. Cosmetically remodeled 3 years ago. This property is a cash cow that has room for future growth! Owners are selling six small multi-family properties.
Property Details and Features
Listing
- 481 cumulative days on market
- 28 days on market
- Listing date: 2024-04-04 05:00:00
- Price per square foot: $193
Location
- County: Bexar
- Subdivision: I35 SO. TO E. HOUSTON (SA)
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
- 2 bedrooms in unit 3
- 1 bedroom in unit 4
- 1 bedroom in unit 5
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
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
Building
- 2,688 square feet
- 5 total units
- Approximate age: 59 years
- Built in 1965
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Oven/Stove
- Refrigerator
Exterior Features
- Covered Patio
- Has Gutters
- Siding
Floors
- Laminate
Roof
- Composition
Miscellaneous
- Net operating income: $35,035
- Unit 1 rent: $1,075
- Unit 2 rent: $1,000
- Unit 3 rent: $1,000
- Unit 4 rent: $755
- Unit 5 rent: $745
- 0% vacancy rate
- Annual operating expense: $15,625
- Gross annual income: $50,660
- Taxes
- Insurance
- All Utilities
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
- 1 parking space for unit 5
- Unit 5 parking type: Pad
Lot
- Lot size: 0.169
Schools
- School district: San Antonio I.s.d.
- Elementary school: Call District
- Middle school: Call District
- High school: Call District
Cooling
- 3+ Window/Wall
Heating
- Natural Gas
- None
Utilities
- Separate Electric
- Separate Gas
- Common Water
Taxes
- Total tax amount: $7,968