$275,000
4
Units
Property Type
Two Story
Status
Pending
Price Type
Distressed
Year Built
1911
Neighborhood
Cupples/zarzamora
Days on Website
247
Property Map
$275,000 – 2810 Monterey, San Antonio, TX 78207
Street View
Courtesy of LPT Realty, LLC, Danette Wagnon {attribution_contact}
Description
Buyer financing fell through. Appraised at $300,000! Looking for a great opportunity to grow your real estate portfolio? Look no further- this flexible 4-plex is ready for new tenants! Three units are on ground floor and one unit is up. Electric metered separately. Plenty of parking. Property freshly painted inside and out. Each unit boasts tile/wood floors, new mini-blinds, stove/range, and 3 out 4 have refrigerators. Conveniently located to restaurants and shopping. Only 12 mins from downtown! Monthly income of $2913.
Property Details and Features
Utilities
- Common Water
- Separate Electric
- Separate Gas
- City
- Gas utility supplier: CPS Energy
- Electric utility supplier: CPS Energy
- Garbage utility supplier: CITY
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Listing
- 95 cumulative days on market
- 95 days on market
- Listing date: 2024-03-19 05:00:00
- Price per square foot: $108
Location
- County: Bexar
- Subdivision: CUPPLES/ZARZAMORA
Bedrooms
- 2 bedrooms in unit 1
- 1 bedroom in unit 2
- 2 bedrooms in unit 3
- 1 bedroom in unit 4
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
Building
- 2,540 square feet
- 4 total units
- Approximate age: 113 years
- Built in 1911
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
Exterior Features
- Patio Slab
- Covered Patio
- Wood
- Siding
- Cement Fiber
Floors
- Ceramic Tile
- Wood
- Vinyl
Roof
- Composition
Miscellaneous
- Net operating income: $20,493
- Unit 1 rent: $825
- Unit 2 rent: $650
- Unit 3 rent: $800
- Unit 4 rent: $700
- 35% vacancy rate
- Annual operating expense: $14,464
- Gross annual income: $34,957
- Taxes
- Insurance
- Maintenance
- Management
- All Utilities
- Services
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Pad
- 2 parking spaces for unit 2
- Unit 2 parking type: Pad
- 2 parking spaces for unit 3
- Unit 3 parking type: Carport,Detached
- 2 parking spaces for unit 4
- Unit 4 parking type: Carport,Detached
Lot
- Lot size: 0.1838
Property
- Zoning: MF-33
Schools
- School district: San Antonio I.s.d.
- Elementary school: Dezavala
- Middle school: Tafolla
- High school: Lanier
Cooling
- Window/Wall
Heating
- Other
- None
Taxes
- Total tax amount: $3,216