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Tami Price

info@tamiprice.com +1(210) 620-6681

$ 350,000

Est. payment | -/mo

8 Beds

8 Baths

1,822 SqFt

Save

$ 350,000

Est. payment | -/mo

Save

8 Beds

8 Baths

1,822 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 1,822 sqft

Price per Sqft $192

Subdivision Adams Hill

MLS Listing ID 1873686

Style One Story

Bedrooms 8

Full Baths 8

Year Built 1973

Annual Tax Amount $5,372

Lot Size 10,062 Sqft

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

Property Description

SELLER WILL FINANCE THE WRAPAROUND MORTGAGE WITH 20% DOWN, INTEREST RATE 8%, AMORTIZED OVER 30 YEARS AND BALLON IN 5 YEARS. INCREDIBLE INVESTMENT OPPORTUNITY/ INCOME POTENTIAL AND RARE OPPORTUNITY IN ADAMS HILL! THIS UNIQUE PROPERTY HAS BEEN CUSTOMIZED TO INCLUDE 11 BEDROOMS AND 11 FULL BATHROOMS INCOME -PRODUCING PROPERTY + RV UNIT!! OFFERING FLEXIBILITY FOR A VARIETY OF LIVING OR INVESTMENT OPTIONS! A RARE FIND IN SAN ANTONIO OFFERING A FULLY FURNISHED, INCOME-GENERATING PROPERTY DESIGNED FOR HIGH OCCUPANCY AND CASH FLOW. THIS UNIQUE HOME FEATURES 11 PRIVATE BEDROOMS, 11 FULL BATHROOMS, AND AN ADDITIONAL RV TRAILER UNIT, EACH WITH INDIVIDUAL RENTAL POTENTIAL. EACH BEDROOM INCLUDES A PRIVATE FULL BATHROOM, IDEAL FOR MULTI- GENERATIONAL LIVING, SHORT - TERM RENTALS. CENTRAL LOCATION WITH EASY ACCESS TO HWY 90, LOOP 410, LACKLAND AFB, SHOPPING, DINING AND SCHOOLS. PROPERTY HIGHLIGHTS: EACH ROOM HAS ITS OWN PRIVATE FULL BATHROOM, ALL ROOMS COME FURNISHED WITH BEDS AND CLOSETS, 12 TOTAL RENTABLE UNITS (INCLUDING RV TRAILER), 12 DEDICATED PARKING SPACES INSIDE THE PROPERTY, 21 FULLY PAID-OFF SOLAR PANELS, COIN-OPERATED WASHER & DRYER GENERATES APPROX. $300-$400/MONTH, NEW 5-TON HVAC SYSTEM WITH WARRANTY, NEW BOILER WITH WARRANTY, NEW ROOF WITH 30-YEAR WARRANTY, NEW SIDING/SHINGLES AROUND THE ENTIRE HOME. CURRENT ROOM RENTAL INCOME: ROOMS 1-3, 5-7, 8-10: $600/MONTH, ROOM 4: $700/MONTH (LARGER ROOM), ROOM 11: $550/MONTH (SMALLER ROOM), RV TRAILER UNIT: $650/MONTH. TOTAL POTENTIAL MONTHLY INCOME: $7,600+ MONTHLY UTILITY EXPENSES (SAMPLE):ELECTRICITY: RANGES FROM $239 TO $429 (BASED ON OCT-JAN USAGE). WATER: RANGES FROM $197 TO $236 (BASED ON SEP-DEC USAGE). INTERNET: $50/MONTH. DONT MISS OUT THE CHANCE TO OWN THIS EXTRAORDINARY INCOME - PRODUCING PROPERTY. A TRUE GEM IN SAN ANTONIO PERFECT FOR INVESTORS SEEKING STRONG RETURNS IN A GREAT LOCATION. NO HOA!!

Location

State TX

County Bexar

Area 0200

Interior

Heating 1 Unit

Cooling Unit Central, One Central

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Brick

Garage Spaces 8.0

Roof Type Other

Building

Foundation Slab

Sewer City

Water City

Schools

Elementary Schools Adams Hill

Middle Schools Pease E. M.

High Schools Stevens

School District Northside

Others

Acceptable Financing Conventional, FHA, VA, 1st Seller Carry, Wraparound, Cash

Listing Terms Conventional, FHA, VA, 1st Seller Carry, Wraparound, Cash

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Maria Gonzalez • San Antonio Elite Realty • (210) 518-6281

+1(210) 620-6681

info@tamiprice.com

4204 Gardendale St., Suite 312, Antonio, TX, 78229, USA

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9718 Caney Creek San Antonio, TX 78245