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$590,000
Est. payment /mo
8 Beds
6 Baths
5,212 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,212 sqft
Price per Sqft $113
Subdivision Glen Oaks Park
MLS Listing ID 2012973
Style Two Story
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1986
Annual Tax Amount $1,386,885
Property Sub-Type Multi-Family (2-8 Units)
Property Description
INVESTMENT OPPORTUNITY NEAR SAN ANTONIO'S MEDICAL CENTER! This well-configured 4-plex townhouse property offers an excellent opportunity for investors seeking multiple income-producing units in one convenient location. Each spacious unit features 2 bedrooms, 1.5 bathrooms, a private fenced back patio, and washer/dryer hookups. All four units are separately metered for utilities, helping simplify property management and expense allocation. The property also features a dedicated parking lot accommodating up to two vehicles per unit. With two units currently occupied and two units vacant, a new owner has the opportunity to immediately implement their own leasing strategy while maintaining income from the existing tenants. The property also offers potential upside through thoughtful improvements to the vacant units and, over time, the opportunity to increase rents on existing units as market conditions and lease cycles allow. Located near San Antonio's Medical Center, the property may also offer flexibility for an investor considering alternative rental strategies, including mid-term housing for traveling nurses, physicians, medical residents, and other healthcare professionals. An owner could evaluate a combination of traditional long-term rentals and mid-term rentals to maximize flexibility and potentially enhance overall income. Whether your strategy is to stabilize the property, make strategic improvements, maximize rental income, explore mid-term rental opportunities, or hold for long-term appreciation, 4906 Ali Ave offers an attractive opportunity to add a versatile income-producing asset to your portfolio.
Location
State TX
County Bexar
Area 0400
Zoning RM-$
Interior
Heating Central
Cooling Multi-Unit Central
Flooring Carpeting
Exterior
Exterior Feature Brick, Stucco
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Glenoaks
Middle Schools Neff Pat
High Schools Holmes Oliver W
School District Northside
Others
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Anthony Deason • Deason Realty Solutions, LLC • (210) 885-2639
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