Property Map
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Courtesy of Lockwood Realty Group, LLC, Letitia Gonzalez {attribution_contact}
Description
Discover an exceptional investment opportunity with 142 Armour Place-a rare chance to own a 4-plex in one of San Antonio’s most coveted and desirable neighborhoods. Located right on River Road and nestled along the river, this property offers unmatched value, with the land alone worth the investment. Imagine the potential as a short-term rental property, with unparalleled proximity to San Antonio’s top attractions. Walking distance to the renowned Pearl District, Brackenridge Park, the golf course, and even the zoo. This prime location in the sought-after River Road neighborhood combines convenience, charm, and natural beauty, making it an incredible addition to any investment portfolio. Don’t miss out on this unique chance to capitalize on both location and lifestyle!
Property Details and Features
Listing
- 15 cumulative days on market
- 15 days on market
- Listing date: 2024-11-07 06:00:00
Location
- County: Bexar
- Subdivision: River Road
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom 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
- 4 total units
- Approximate age: 79 years
- Built in 1945
- Builder: Unknown
- Other
- Other
- Other
- Other
Exterior Features
- Not Applicable/None
- Brick
Floors
- Ceramic Tile
- Wood
Foundation
- Slab
Roof
- Flat
Miscellaneous
- Net operating income: $27,640
- Unit 1 rent: $1,150
- Unit 2 rent: $1,400
- Unit 3 rent: $1,400
- Unit 4 rent: $925
- 50% vacancy rate
- Annual operating expense: $21,024
- Gross annual income: $520,500
- Other
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Pad
- 1 parking space for unit 2
- Unit 2 parking type: Pad
- 1 parking space for unit 3
- Unit 3 parking type: Pad
- 1 parking space for unit 4
- Unit 4 parking type: Pad
Property
- Zoning: R-4
Schools
- School district: Call District
- Elementary school: Call District
- Middle school: Call District
- High school: Call District
Cooling
- Window/Wall
Heating
- Other
- Window Unit
Utilities
- Separate Electric
- Separate Gas
- Separate Water
Taxes
- Total tax amount: $12,225