$919,000
4
Units
Property Type
Two Story
Status
Active
Price Type
Distressed
Year Built
2020
Neighborhood
I35 So. To E Houston (sa)
Days on Website
93
Property Map
$919,000 – 1527 Lamar St, San Antonio, TX 78202
Street View
Courtesy of Jason Mitchell Real Estate, Jesus Ramirez {attribution_contact}
Description
An investment opportunity awaits! Package deal of four homes, boast vaulted ceilings in the bedrooms, an open kitchen layout with farmers sinks & garbage disposals, tankless waterheaters, vortex flush toilets and black modern fixtures throughout. They are conveniently located in close proximity to the AT&T center, The Pearl, Manchke Park and only a bike ride away to Fort Sam Houston and St. Phillips College. These four contemporary homes are currently income producing. Live in one and rent the other or rent them all. Wraparound financing available at 4.75% and 15% down payment.
Property Details and Features
Listing
- 388 cumulative days on market
- 92 days on market
- Listing date: 2024-08-20 05:00:00
- Price per square foot: $182
Location
- County: Bexar
- Subdivision: i35 SO. TO E HOUSTON (SA)
Bedrooms
- 2 bedrooms in unit 1
- 2 bedrooms in unit 2
- 2 bedrooms in unit 3
- 2 bedrooms in unit 4
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
- 2 full bathrooms in unit 3
- 1 half bathroom in unit 3
- 2 full bathrooms in unit 4
- 1 half 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
- 5,048 square feet
- 4 total units
- Approximate age: 4 years
- Built in 2020
- Builder: Erj Developments
- Furnished
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer
- Dryer
- Washer Connection
- Dryer Connection
- Security System
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Furnished
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Stacked Washer/Dryer
- Washer Connection
- Dryer Connection
- Security System
Exterior Features
- Double Pane Windows
- Stucco
- Siding
- 1 Side Masonry
Floors
- Ceramic Tile
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $73,800
- Unit 1 rent: $1,950
- Unit 2 rent: $1,450
- Unit 3 rent: $1,300
- Unit 4 rent: $1,450
- 25% vacancy rate
- Annual operating expense: $0
- Gross annual income: $73,800
- Taxes
- All Utilities
Parking
- 2 parking spaces 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: Pad
- 2 parking spaces for unit 4
- Unit 4 parking type: Pad
Lot
- Lot size: 0.1
Property
- Zoning: MF-33
Schools
- School district: San Antonio I.s.d.
- Elementary school: Washington
- Middle school: Davis
- High school: High School
Cooling
- Two Central
Heating
- Electric
- Heat Pump
- 2 Units
Energy Saving
- Tankless Water Heater
- 13-15 SEER AX
- Programmable Thermostat
- Double Pane Windows
- Energy Star Appliances
- Radiant Barrier
- Low E Windows
- Cellulose Insulation
- Ceiling Fans
- Mechanical Fresh Air
Utilities
- Separate Electric
- Separate Water
- Electric utility supplier: CPS
- Garbage utility supplier: SAWS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $16,431