$279,000
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2,521 SqFt
SOLD DATE : 04/21/2023
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,521 sqft
Price per Sqft $97
Subdivision Lincoln Heights
MLS Listing ID 7617861
Sold Date 04/21/23
Originating Board actris
Year Built 1930
Tax Year 2021
Lot Size 6,098 Sqft
Property Description
Investor-friendly fourplex - steady cash flow and occupancy by long-term tenants - close to downtown, bus routes, shopping, dining, St. Mary's University, and Woodlawn Lake Park! The property is conveniently located near the intersection of Culebra and Zarzamora / 2.5 miles from downtown / 1 mile from I-10 with public transportation available.
The seller is very motivated to sell and provide a reasonable renovation discount.
No wholesalers please.
The main building (units 1,2,3) is a triplex / 1826 sq ft / built in 1930 /new roof installed in 2017; unit 4 is a separate house / 695 sq ft / built in 1980 / new roof installed in 2017.
- Unit 1 / 1 br, 1 bath / renovated in 2017 / occupied
- Unit 2 / 1 br, 1 bath / fully renovated in 2022 / occupied
- Unit 3 / 2 br, 1 bath / renovated in 2018 / currently vacant
- Unit 4 / 2 br, 1 bath / renovated in 2018 / occupied
2021-23 upgrades and improvements include:
- New boiler
- New wooden fence
- New Hardie Plank siding installed; structural integrity checked under the siding and required work done; insulation added
- New windows
- New external doors and frames
- New gutters
- Front and side view surveillance cameras
As the new owner, you’ll have a golden opportunity to raise the rent in this booming area. Don't miss the chance to own a steadily appreciating income property close to downtown!
Location
State TX
County Bexar
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Gas Dryer Hookup
Heating Natural Gas, Separate Meters
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl
Fireplace Y
Appliance Gas Range, Refrigerator, Washer/Dryer
Exterior
Exterior Feature None
Fence Fenced
Community Features None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected
Waterfront No
View None
Roof Type Asphalt
Accessibility None
Porch None
Parking Type Driveway, Gravel, Paved
Total Parking Spaces 6
Building
Lot Description City Lot
Faces West
Foundation Combination, Pillar/Post/Pier, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame, Cement Siding
New Construction No
Schools
Elementary Schools Outside School District
Middle Schools Outside School District
High Schools Outside School District
Others
Pets Allowed All
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA Loan
Tax Rate 1.51018
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Description All
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