$175,000
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4 Beds
2 Baths
2,160 SqFt
SOLD DATE : 06/03/2024
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $81
Subdivision 26Th/Zarzamora
MLS Listing ID 1772327
Style One Story
Bedrooms 4
Full Baths 2
Year Built 1939
Annual Tax Amount $4,966
Property Description
Welcome to 3307 Morales Street, a historic gem nestled in downtown San Antonio area, Texas. Location, location, location. The area is being recognized by investors for its central location and unbeatable investment opportunity. This Craftsman duplex, built in 1939, is located 10 minutes from the vibrant downtown Riverwalk. This duplex property presents an exceptional opportunity for savvy investors and DIY homeowners alike. One unit has had a full interior remodel, paint flooring, appliances, air conditioning, and more. The second unit (front 1939 Crafstman) unit needs some updating, as well as paint on the exterior and some yard work. This is a chance to continue increasing the value of this investment. Units currently have tenants. Net annual income from both units is $2,200. The Bexar County tax assessed value is $199K. Owner has listed the duplex below assessed value to allow room for new owner to continue with upgrades, paint and improvement to increase value with more sweat equity. Hurry, property wont last on the market, bring cash offers. Seller will consider owner financing at full price with large down payment.
Location
State TX
County Bexar
Area 0700
Zoning RESIDENTIAL
Interior
Heating Panel
Cooling Window/Wall, Two Window/Wall
Flooring Carpeting, Linoleum
Exterior
Exterior Feature Stucco, Siding
Garage Spaces 4.0
Roof Type Composition
Building
Sewer City
Water City
Schools
Elementary Schools Crockett
Middle Schools Rhodes
High Schools Lanier
School District San Antonio I.S.D.
Others
Acceptable Financing 1st Seller Carry, Cash, Investors OK
Listing Terms 1st Seller Carry, Cash, Investors OK
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