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Courtesy of eXp Realty, Todd Spears {attribution_contact}
Description
Welcome to this investor’s dream opportunity! Own not one, but two properties for the price of one in this lucrative real estate deal. This listing offers a spacious 1400 square foot single-family home boasting 4 bedrooms and 2 bathrooms. Additionally, there’s an 800 square foot accessory dwelling unit (ADU) featuring 2 bedrooms and 1 bathroom. Both properties are currently occupied by long-term tenants, ensuring immediate rental income for the savvy investor. With stable occupancy and reliable rental income, this investment promises to deliver excellent returns. The main residence offers ample living space with its four bedrooms and two large living areas, providing versatility for various tenant preferences or future expansion plans. The ADU provides additional rental income potential or could serve as a comfortable living space for extended family members. Don’t miss out on this rare opportunity to acquire two income-generating properties in one go. Schedule a viewing today and unlock the potential of this remarkable investment opportunity!
Property Details and Features
Listing
- 34 cumulative days on market
- 34 days on market
- Listing date: 2024-04-13 05:00:00
- Price per square foot: $138
Location
- County: Bexar
- Subdivision: LOS ANGELES HEIGHTS
Bedrooms
- 4 bedrooms in unit 1
- 2 bedrooms in unit 2
Bathrooms
- 3 full bathrooms in unit 1
- 1 full bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Building
- 2,217 square feet
- 2 total units
- Approximate age: 95 years
- Built in 1929
- Builder: Unknown
- Oven/Stove
- Washer Connection
- Dryer Connection
- Oven/Stove
Exterior Features
- Siding
Floors
- Ceramic Tile
- Vinyl
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $7,825
- Unit 1 rent: $1,450
- Unit 2 rent: $750
- 0% vacancy rate
- Annual operating expense: $18,575
- Gross annual income: $26,400
- Converted Single Family
- Taxes
- Insurance
- Maintenance
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Street
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad
Lot
- Lot size: 0.138
Schools
- School district: San Antonio I.s.d.
- Elementary school: Neal
- Middle school: Whittier
- High school: Edison
Cooling
- One Central
- Two Window/Wall
Heating
- Electric
- Central
Utilities
- Common Water
- Common Electric
- City
- Gas utility supplier: City
- Electric utility supplier: City
- Garbage utility supplier: City
- Water utility supplier: City
- Sewer utility supplier: City
Taxes
- Total tax amount: $7,085