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Courtesy of Simmonds Real Estate Inc., Robert Simmonds {attribution_contact}
Description
Discover an exceptional investment opportunity with this fully-occupied duplex in Northeast San Antonio. Each unit offers 3 bedrooms, 2.5 bathrooms, a one-car garage, and a private backyard. The first floor of each unit features a welcoming entryway leading to a spacious living area, seamlessly connected to the kitchen and breakfast areas. The living spaces showcase beautiful stained concrete floors and impressive 9-foot ceilings. The kitchens are equipped with matching stainless steel appliances, granite countertops, and upgraded shaker-style cabinets. Upstairs, the master suites are generously sized, each with its own en-suite bathroom and walk-in closet. The secondary bedrooms are also spacious. Each backyard is private, enclosed by a privacy fence, and offers ample space for outdoor activities. Don’t miss out on this fantastic investment opportunity! Please do not disturb the tenants. There is no sign or lockbox on the property and no showings will take place until an accepted offer is in hand.
Property Details and Features
Listing
- 104 cumulative days on market
- 104 days on market
- Listing date: 2024-08-09 05:00:00
- Price per square foot: $178
Location
- County: Bexar
- Subdivision: The Enclave @ Candlemeadow
Bedrooms
- 3 bedrooms in unit 1
- 3 bedrooms in unit 2
Bathrooms
- 2 full bathrooms in unit 1
- 1 half bathroom in unit 1
- 2 full bathrooms in unit 2
- 1 half bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Building
- 2,450 square feet
- 2 total units
- Approximate age: 4 years
- Built in 2020
- Builder: Vistancia Custom Homes
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
Exterior Features
- Double Pane Windows
- Cable TV Available
- Level
- Siding
Floors
- Carpeting
- Ceramic Tile
- Stained Concrete
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $23,608
- Unit 1 rent: $1,465
- Unit 2 rent: $1,500
- 24% vacancy rate
- Annual operating expense: $11,972
- Gross annual income: $35,580
- Taxes
- Maintenance
- Management
- All Utilities
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Attached,Pad
- 2 parking spaces for unit 2
- Unit 2 parking type: Attached,Pad
Home Owner’s Association
- HOA name: THE ENCLAVE AT CANDLEMEADOW
Lot
- Lot size: 0.113
Property
- Zoning: RESIDENTIAL
Schools
- School district: Judson
- Elementary school: Candlewood
- Middle school: Metzger
- High school: Wagner
Cooling
- Two Central
Heating
- Electric
- Central
- 2 Units
Utilities
- Separate Electric
- Common Water
- City
- Gas utility supplier: N/A
- Electric utility supplier: CPS
- Garbage utility supplier: City
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
- Other utility supplier: Spectrum
Taxes
- Total tax amount: $8,155