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Crystal Meyer

redheadedrealtor210@gmail.com +1(210) 504-8272

$345,000

Est. payment - /mo

5 Beds

3 Baths

1,754 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 1,754 sqft

Price per Sqft $196

Subdivision Alta Vista

MLS Listing ID 2027195

Style Two Story

Bedrooms 5

Full Baths 3

Year Built 1929

Annual Tax Amount $6,538

Lot Size 4,399 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

SELLER WILL GIVE 10,000.00 TOWARDS INTEREST RATE BUY DOWN Rare opportunity to own a renovated income-producing property with three separate rental units on one lot. This unique property features a 2-bedroom home at the front of the lot plus a rear duplex consisting of a 1-bedroom unit and a 2-bedroom unit, providing three separate residences and multiple income streams. The property is currently fully leased, generating approximately $3,235 per month in rental income, or $38,820 annually. With three units on one property, this is an attractive opportunity for investors seeking immediate rental income, diversification across multiple tenants, and the potential for future rental growth. Extensive renovations have been completed over the past several years, including new roofs, significantly improving the property's condition and reducing the need for major near-term capital expenditures. The property also appears to offer approximately 2,300 square feet of total living space, which is greater than the square footage currently reflected in tax assessor records. Buyer and buyer's agent should independently verify square footage, permitted use, unit configuration, zoning, and all other property information. With three residences, existing rental income, substantial improvements, and additional potential to increase income over time, this property offers a unique combination of cash flow, flexibility, and long-term investment potential.

Location

State TX

County Bexar

Area 0900

Direction W

Interior

Heating Window Unit

Cooling Unit Central, Window/Wall, Two Central, Two Window/Wall

Flooring Carpeting, Linoleum, Laminate

Exterior

Exterior Feature Cement Fiber

Garage Spaces 3.0

Roof Type Composition

Building

Foundation Cedar Post

Sewer City

Water City

Schools

Elementary Schools Cotton

Middle Schools Cotton

High Schools Edison

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, Cash, Investors OK

Listing Terms Conventional, Cash, Investors OK

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LERA MLS - Local Expertise Regional Access / SABOR

Listed by Jeff Smith • San Antonio Elite Realty • (210) 710-5326

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Crystal Meyer

+1(210) 504-8272

Agent License ID: 802261

707 CRAIG PL San Antonio, TX 78212

Crystal Meyer

Key Details

Location

Interior

Exterior

Building

Schools

Others

Schools and Properties Nearby

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707 CRAIG PL