$650,000
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8 Beds
8 Baths
4,160 SqFt
SOLD DATE : 03/19/2024
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $156
MLS Listing ID 1719879
Style Two Story
Bedrooms 8
Full Baths 8
Year Built 1955
Annual Tax Amount $13,644
Lot Size 0.455 Acres
Property Description
**Major Price Reduction for Quick Sale** This 8-unit apartment complex is conveniently situated a little over one mile away from Saint Mary's University in San Antonio, Texas. Enjoy some hiking or bike riding thru the Trailhead to visit Alderete Park, Monterrey Park and Rosedale Park. Connector entrance is within walking distance of the complex. All units have the same floor plan with similar finish outs. They all have 1 bedroom, 1 bath, walk-in closet, eating area, living room and fully equipped kitchen. Several units have been updated with flooring, paint, new appliances, and newer window units and are ready for new tenants to move in. The property currently has R-6CD zoning and a Certificate of Occupancy for 8 units. The current owners planned to explore the possibility of rezoning the property to build additional units if permitted. It would also be an ideal location to expand parking area, add storage and/or to create an outdoor area for tenants. There are many possibilities for this oversized lot and new ownership can create their own vision. Although property improvements continue being made, a partnership change has made these units immediately available for a quick sale along with others. Full marketing packages on all of these available properties can be provided upon request.
Location
State TX
County Bexar
Area 0700
Zoning R-6 CD
Interior
Heating Window Unit
Cooling Window/Wall
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Siding
Garage Spaces 16.0
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools Loma Park
Middle Schools Gus Garcia
High Schools Memorial
School District Edgewood I.S.D
Others
Acceptable Financing Conventional, Cash, Investors OK
Listing Terms Conventional, Cash, Investors OK
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