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Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,626 sqft
Price per Sqft $110
Subdivision Denver Heights
MLS Listing ID 1498831
Sold Date 12/29/20
Style One Story
Bedrooms 4
Full Baths 2
Construction Status Pre-Owned
Year Built 1952
Annual Tax Amount $4,055
Property Description
Must see INVESTMENT OPPORTUNITY. Cash-flow Cash-flow Cash-flow! Take advantage of seller's personal hardship & get a great buy & hold rental property in Denver Heights. Investor can rent out the main house & rent out the mother in law/ Apartment in the back. Seller had tenants ready to move in to pay a total of $2,000 monthly but had to back out due to not being able to finish permit issues of back apartment. Property has been made ready for tenants & one side was just leased. Due to seller having an awful experience w/ a GC and now having personal hardships he needs to sell. Seller's recent appraisal has property valued at $234,000 ARV. Potential ROI is 10% -12+% purchasing with cash & higher if purchased w/ loan. Buyer will need to complete permit approval for apartment unit & then enjoy!
Location
State TX
County Bexar
Area 1200
Interior
Heating Floor Furnace
Cooling Window/Wall
Flooring Wood
Exterior
Exterior Feature Wood, Siding, Aluminum
Garage Spaces 4.0
Roof Type Composition
Building
Construction Status Pre-Owned
Schools
Elementary Schools Smith
Middle Schools Poe
High Schools Highlands
School District San Antonio I.S.D.
Others
Acceptable Financing Cash
Listing Terms Cash
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