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$ 650,000
Est. payment | /mo
8 Beds
5 Baths
4,019 SqFt
$ 650,000
Est. payment | /mo
8 Beds
5 Baths
4,019 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 4,019 sqft
Price per Sqft $161
Subdivision Denver Heights
MLS Listing ID 1830647
Style Two Story
Bedrooms 8
Full Baths 5
Year Built 1918
Annual Tax Amount $13,054
Lot Size 5,619 Sqft
Property Description
Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen complete with a full appliance package. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including all-new electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.
Location
State TX
County Bexar
Area 1200
Direction S
Interior
Heating Central
Cooling 3+ Window/Wall
Flooring Vinyl
Exterior
Exterior Feature Cement Fiber
Garage Spaces 4.0
Roof Type Composition
Schools
Elementary Schools Call District
Middle Schools Call District
High Schools Call District
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Sterling Williams • Real • (210) 569-9008
Learn More About LPT Realty
Meagan Foster