Property Type One Story
Status Active Option
Price Type
Distressed
Year Built 1938
Neighborhood Denver Heights
Days on Website 101

Property Map

$299,700 – 1103 S Gevers St, San Antonio, TX 78210

Street View

Courtesy of Zest Realty, Linda Zimmerhanzel {attribution_contact}

Description

WANT A PLACE TO LIVE AND RENT OUT A SECOND HOUSE? WANT A PURE PASSIVE INCOME STREAM? WANT AFFORDABLE MULTI-FAMILY LIVING ONE MILE FROM DOWNTOWN SAN ANTONIO? OR HOW ABOUT TWO POTENTIAL STRS? This unique property fits all the bills! Two separate, move-in ready, one story, single family homes on one corner lot at an affordable price is hard to find, especially one surrounded by new builds as this one is. On a corner lot in up and coming Denver Heights find this historic property faced by lots with fresh construction of modern townhome style homes. This is not a duplex but two separate single family residences with private, fenced backyards. The main home is a charming Craftsman with a welcoming front porch complete with porch swing. This one is 1092 square feet and ready to live in or rent. Step inside and be greeted by gleaming original hardwood floors in lovely condition and high ceilings which give a sense of space. Revel in so many historic elements preserved to give this beauty her character like original siding, doorframes, baseboards and fixtures. Awash with natural light from a plethora of large windows, the large living space leads both to the dining room and kitchen as well as secondary bedroom one direction and to the primary bedroom and a darling renovated bathroom down the hallway. The kitchen allows for a lot of work space with two long countertops and a window over the sink! Gas cooking will be a favorite for chefs. Step outside to a huge, level backyard with a privacy fence for pets or projects. Right next door, on the corner, is the second home, also a single story of 890 square feet. Step through a gate to the front porch and enter a cute home that could be either a one or two bedroom. The entry way opens into a cozy dining or living/dining combo and kitchen complete with gas stove and refrigerator. The bathroom is well placed with renovated walk-in shower with colorful custom tile. Step up to a huge bedroom that leaves plenty of room for a desk, little sitting area or workout space. The second wing is set up as the living room but also offers a closet so could be a second bedroom if need be. This leads into an 10×8 handy storage/utility space with a roll up door from the backyard. Here find a stackable washer and dryer with hookups and plenty more space for storage, lawn mower or perhaps a motorcycle or two. Outside find another generous sizes yard, fenced with a double gate coming off the side street if you wanted to park inside the gate or bring equipment through here. This set up is just ideal for multi generational living or separate rental units! Or live here and rent out the other residence! All this so close to Fort Sam (7 minutes), SAMMC (10 min), even an easy commute to Lackland. Being just a mile from Hemisfair and the Riverwalk means it is walking distance to all the hotspots too! Don’t wait to invest in your future here before someone else grabs up this deal.

Property Details and Features

Listing

  • 100 cumulative days on market
  • 100 days on market
  • Listing date: 2024-08-13 05:00:00
  • Price per square foot: $274

Location

  • County: Bexar
  • Subdivision: Denver Heights

Bedrooms

  • 2 bedrooms in unit 1
  • 2 bedrooms in unit 2

Bathrooms

  • 1 full bathroom in unit 1
  • 1 full bathroom in unit 2

Accessibility Features

  • Unit 1 disability access: No
  • Unit 2 disability access: No
  • No Carpet
  • Near Bus Line
  • Level Lot
  • Level Drive
  • First Floor Bath
  • First Floor Bedroom

Building

  • 1,092 square feet
  • 2 total units
  • Approximate age: 86 years
  • Built in 1938
  • Builder: Unknown
  • Furnished
  • Oven/Stove
  • Stacked Wsh/Dry Connect
  • Window Coverings
  • Furnished
  • Oven/Stove
  • Refrigerator
  • Window Coverings

Exterior Features

  • Detached Quarters
  • Siding
  • Cement Fiber

Floors

  • Linoleum
  • Wood
  • Vinyl

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $19,800
  • Unit 1 rent: $1,450
  • Unit 2 rent: $1,100
  • 5% vacancy rate
  • Annual operating expense: $9,800
  • Gross annual income: $29,600
  • Taxes
  • Insurance

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Pad
  • 1 parking space for unit 2
  • Unit 2 parking type: Pad

Lot

  • Lot size: 0.179

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Call District
  • Middle school: Call District
  • High school: Call District

Cooling

  • Two Central

Heating

  • Natural Gas
  • Central

Utilities

  • Separate Water
  • Common Electric
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: City
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS

Taxes

  • Total tax amount: $5,918

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