Property Map
Street View
Courtesy of Fortune Realty LLC, Idan Zur {attribution_contact}
Description
Price is subject to the appraiser IF value is lower:) MAKE CASH FLOW ! 4plex with an extra unit of a three br 1ba guest house at the back for a total of 5 units! 4 out of 5 units are occupied and total income is $3491 You can finance it as a 4plex and get a residential loan with better terms and own 5 units! With the guest house and some expansion we did into two other units – note that sf is roughly now 3,327 sf subject to further evaluation. Owner pays the water bill for all tenants which is about $200a month. Tenants pay the electric. Potential to upgrade and renovate the units and get higher rents Rents for 4 units plus the guest house at the back. Except designated parking for the guest house at the back- there is street parking. The city divided the property to 803 and 805 W Russel. I did foundation work in 2024 with transferable warranty
Property Details and Features
Listing
- 124 cumulative days on market
- 124 days on market
- Listing date: 2024-07-20 05:00:00
- Price per square foot: $132
Location
- County: Bexar
- Subdivision: ALTA VISTA
Bedrooms
- 1 bedroom 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
- 3,327 square feet
- 4 total units
- Approximate age: 84 years
- Built in 1940
- Builder: N/a
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
Exterior Features
- Not Applicable/None
- Siding
Floors
- Linoleum
- Vinyl
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $33,045
- Unit 1 rent: $750
- Unit 2 rent: $750
- Unit 3 rent: $1,028
- Unit 4 rent: $819
- 0% vacancy rate
- Annual operating expense: $17,847
- Gross annual income: $50,892
- Taxes
- Insurance
- Maintenance
- All Utilities
- Services
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Street
- 2 parking spaces for unit 2
- Unit 2 parking type: Street
- 2 parking spaces for unit 3
- Unit 3 parking type: Street
- 2 parking spaces for unit 4
- Unit 4 parking type: Street
Lot
- Lot size: 0.144
Schools
- School district: San Antonio I.s.d.
- Elementary school: Wright
- Middle school: Tafolla
- High school: Edison
Cooling
- Two Window/Wall
Heating
- Electric
- 2 Units
Utilities
- Separate Electric
- Common Water
- City
Taxes
- Total tax amount: $9,721