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Allen Corona

allensellstx@gmail.com +1(956) 489-9752

$ 690,000

Est. payment | -/mo

12 Beds

8 Baths

2,212 SqFt

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$ 690,000

Est. payment | -/mo

Save

12 Beds

8 Baths

2,212 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $311

Subdivision Culebra S. To Delgado Sa

MLS Listing ID 1998762

Style Two Story

Bedrooms 12

Full Baths 8

Year Built 2020

Annual Tax Amount $7,850

Lot Size 8,973 Sqft

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

Property Description

MOTIVATED SELLER - Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $5,700/month on day-one income from Units 2, 3, and 4 (currently leased to 7 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Unit 1 is vacant so you can live in it or rent it out. Unit 2 has 3 tenants. Unit 3 has 2 tenants and 1 vacant room. Unit 4 has 2 tenants and 1 vacant room. That leaves you 5 vacant bedrooms. OPTION 1: Lease Unit 1 the traditional way at $1,350/month and rent the remaining 2 vacant rooms at $850 each, bringing total gross monthly income to $8,750 (105,000 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 5 vacant bedrooms individually at $850/month each for a total gross monthly income of $9,950 (a potential $119,400 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out the 2 vacant rooms at $850 each, for a total gross monthly income $7,400 ($88,800 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting the 4 vacant rooms at $850 each, generating $9,100/month ($109,200 annually) toward your housing costs and beyond. Ideally located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.

Location

State TX

County Bexar

Area 0700

Zoning MF-33

Direction W

Interior

Heating Central

Cooling One Central, Three+ Central

Flooring Carpeting, Ceramic Tile, Laminate

Exterior

Exterior Feature Cement Fiber

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Cedar Post

Sewer City

Water City

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Marc Longoria • LPT Realty, LLC • (210) 262-7815

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 489-9752

allensellstx@gmail.com

2090 North IH 35 Ste, 4111, New Braunfels, TX 78130, USA

1535 Laurel San Antonio, TX 78201

Allen Corona

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1535 Laurel