San Antonio TX Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 2,516
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- 1823327
- Subdivision:
- Hotwells
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Courtesy: K&E Realty
210-897-2070
ADDITIONAL INFORMATION
Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. The seller also offers owner financing with an attractive interest rate, a five-year balloon, and no prepayment penalty-making it easier to capitalize on this rare find. Don't miss out on this fantastic investment in a property with boundless income potential.
- Type:
- Other
- Sq.Ft.:
- 1,443
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.74 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 1821616
- Subdivision:
- S PRESA W TO RIVER
View additional info
Courtesy: Uriah Real Estate Organization
830-600-5263
ADDITIONAL INFORMATION
Uriah Real Estate has been exclusively retained to market and sell 4214 S Presa St. The lot is an Infill Development Zone (IDZ) and has 4 income producing residential buildings. This property offers a prime opportunity for investment and development, featuring flexible zoning that accommodates a variety of uses such as a tiny home community or it could be mixed commercial/residential. Located on a hard corner with high visibility along South Presa Street, it is just 1 mile from the popular Lone Star district. Additionally, the site is conveniently situated near major highways and popular tourist attractions, notably Riverside Golf Course, Mission Concepcion, Mission San Jose, and the Hot Wells Hotel Ruins.
San Antonio Real Estate
The median home value in San Antonio, TX is $254,600. This is lower than the county median home value of $267,600. The national median home value is $338,100. The average price of homes sold in San Antonio, TX is $254,600. Approximately 47.86% of San Antonio homes are owned, compared to 43.64% rented, while 8.51% are vacant. San Antonio real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Antonio real estate agent to arrange a tour today!
San Antonio, Texas 78223 has a population of 1,434,540. San Antonio 78223 is less family-centric than the surrounding county with 31.3% of the households containing married families with children. The county average for households married with children is 32.84%.
The median household income in San Antonio, Texas 78223 is $55,084. The median household income for the surrounding county is $62,169 compared to the national median of $69,021. The median age of people living in San Antonio 78223 is 33.9 years.
San Antonio Weather
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 32.8 inches per year, with 0.2 inches of snow per year.