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Tony Flores

tony210realty@gmail.com +1(210) 900-2969

$ 399,000

Est. payment | -/mo

6 Beds

2 Baths

2,408 SqFt

Save

$ 399,000

Est. payment | -/mo

Save

6 Beds

2 Baths

2,408 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,408 sqft

Price per Sqft $165

Subdivision Jefferson Terrace

MLS Listing ID 1997664

Style Two Story

Bedrooms 6

Full Baths 2

Year Built 1950

Annual Tax Amount $8,409

Lot Size 0.270 Acres

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

Property Description

** TURNKEY DUPLEX * Cash-Flowing Day One * Zoned for 4 Units Investor-ready and producing income from day one. Preliminary plans for additional 2 units already drawn up and will convey. Two fully renovated 3-bed/1-bath units - 2,408 sq ft total - with **long-term tenants already in place**: * Unit A - $1,495/mo * Unit B - $1,400/mo * **Combined: $2,895/mo * $34,740 gross annual rent** Market comps support an immediate bump to **$3,000-$3,100/mo combined** with the next lease cycle - that's $36k-$37k gross with zero upgrade work needed. **Built 1950 * Comprehensively renovated 2021:** * 2021 roof, HVAC, siding, exterior + interior paint * 2021 LVP flooring throughout, modern cabinetry, updated countertops, new appliances * Washer/dryer hookups in BOTH units **Separate electric meters** (tenants pay their own - owner cash flow stays clean) * 1-car garage per unit + long driveway + ample street parking **The standout feature:** an **exclusive rooftop deck over the garage** with private staircase access - currently the upstairs unit's primary entrance and a major draw for premium tenants. **The hidden upside that makes this a deal:** Zoned **up to 4 units**. Plans included for a **second duplex behind the existing structure** - turning a $35k/yr property into a potential $70k+/yr asset on the same lot. **Operations couldn't be cleaner:** * Tenants treat the property like their own - they maintain the landscaping themselves * No deferred maintenance - every major system replaced in 2021 * Stable lease history, no vacancy gaps **Location wins:** * Walking distance to **Woodlawn Lake** * Heart of the **Deco District** - one of San Antonio's fastest-appreciating submarkets * Minutes to **Downtown San Antonio** * Quiet residential street with persistent rental demand **Bottom line:** Already producing, already updated, already tenanted - AND has a documented expansion path to nearly double the income on the same parcel. Rare 1031 / buy-and-hold combo. **Showings by appointment - serious buyers only.** Tenants on premises.

Location

State TX

County Bexar

Area 0800

Interior

Heating Central

Cooling Two Central

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Siding

Garage Spaces 4.0

Roof Type Composition

Schools

Elementary Schools Madison

Middle Schools Longfellow

High Schools Jefferson

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, VA, Cash, Investors OK

Listing Terms Conventional, FHA, VA, Cash, Investors OK

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Heath Shepard • Keller Williams City-View • (808) 392-3032

Schools and Properties Nearby

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+1(210) 900-2969

tony210realty@gmail.com

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130 SENISA DR San Antonio, TX 78228