Property Type Two Story
Status Active
Price Type
Distressed
Year Built 1954
Neighborhood Tobin Hill
Days on Website 574

Property Map

$900,000 – 314 Baltimore Ave, San Antonio, TX 78215

Street View

Courtesy of Keller Williams Heritage, Scott Malouff {attribution_contact}

Description

**RARE OPPORTUNITY** This is what you’ve been looking for! Baltimore Ave is sandwiched in the middle of all the things downtown and surrounding including medical offices and all major highways. Put your BRRR strategy to the test and enjoy a nearly perfect vacancy rate, all under a gorgeous luxury multi family which is VERY hard to find. Each unit comes with its own unique washer and dryer and depending on the unit, a full kitchen with plenty of space to move around. This property is zoned FBZ so you know what that means? Aside from having a luxury triplex, you can always get creative on what else you want to open up in the future from a bar, to a convenience store, the potential is endless. The Garage could be converted into a unit or kept as storage and if you wanted the extra parking space, you can lease the spaces in the next door parking lot and open a little BnB.. You’ve been looking for a triplex in the hottest area in San Antonio that DOESNT need TLC and you found it!

Property Details and Features

Listing

  • 518 cumulative days on market
  • 518 days on market
  • Listing date: 2023-04-27 05:00:00
  • Price per square foot: $378

Location

  • County: Bexar
  • Subdivision: Tobin Hill

Bedrooms

  • 2 bedrooms in unit 1
  • 1 bedroom in unit 2
  • 1 bedroom in unit 3

Bathrooms

  • 2 full bathrooms in unit 1
  • 1 full bathroom in unit 2
  • 1 full bathroom in unit 3

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • Unit 3 disability access: No

Building

  • 2,380 square feet
  • 3 total units
  • Approximate age: 69 years
  • Built in 1954
  • Builder: Unknown

Exterior Features

  • Patio Slab
  • Covered Patio
  • Double Pane Windows
  • Unimproved Water Front
  • Level
  • Cement Fiber

Floors

  • Ceramic Tile
  • Wood

Roof

  • Metal

Miscellaneous

  • Net operating income: $5,921
  • 82% vacancy rate
  • Annual operating expense: $6,033
  • Gross annual income: $6,600
  • Other

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Street
  • 1 parking space for unit 2
  • Unit 2 parking type: Street
  • 1 parking space for unit 3
  • Unit 3 parking type: Street

Lot

  • Lot size: 0.073

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Travis
  • Middle school: Mark Twain
  • High school: Edison

Cooling

  • One Central
  • Other

Heating

  • Electric
  • Central
  • Other

Utilities

  • Separate Electric
  • Common Water
  • Other

Taxes

  • Total tax amount: $11,845

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