$265,000
3
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1949
Neighborhood
Mccreless
Days on Website
31
Property Map
$265,000 – 242 Pennystone, San Antonio, TX 78223
Street View
Courtesy of JB Goodwin, REALTORS, Danielle Lopez {attribution_contact}
Description
Investment property that is already up and running, providing cash flow! Surrounding area shows promise of growth, which can be seen in the newly remodeled homes near by. Great Location! One street down from shopping complex and easy access to highway. CLEAN and KIND tenants have occupied units for about 9yrs.– you can keep all units occupied and continue cash flow, live in one unit while the other two pay for mortgage, re-imagine the space for an Airbnb, OR make the the whole property your own home sweet home! No matter what you choose with this property, it will be the right move 😉 *Seller financing available with 30% down*
Property Details and Features
Listing
- 180 cumulative days on market
- 30 days on market
- Listing date: 2024-04-18 05:00:00
- Price per square foot: $215
Location
- County: Bexar
- Subdivision: MCCRELESS
Bedrooms
- 2 bedrooms in unit 1
- 1 bedroom 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
- 1,234 square feet
- 3 total units
- Approximate age: 75 years
- Built in 1949
- Builder: N/a
- Oven/Stove
- Refrigerator
- Washer Connection
- Dryer Connection
- Not Applicable
- Oven/Stove
- Refrigerator
Exterior Features
- Siding
Floors
- Vinyl
Roof
- Composition
Miscellaneous
- Net operating income: $27,500
- Unit 1 rent: $1,075
- Unit 2 rent: $625
- Unit 3 rent: $675
- 10% vacancy rate
- Annual operating expense: $1,000
- Gross annual income: $28,500
- Maintenance
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Pad,Street
- 1 parking space for unit 2
- Unit 2 parking type: Pad,Street
- 1 parking space for unit 3
- Unit 3 parking type: Pad
Lot
- Lot size: 0.166
Schools
- School district: San Antonio I.s.d.
- Elementary school: Highland Hills
- Middle school: Rogers
- High school: Highlands
Cooling
- Window/Wall
- One Central
Heating
- Other
- Window Unit
- 3+ Units
Utilities
- Common Water
- Common Electric
- City
Taxes
- Total tax amount: $3,208