Property Map
Street View
Courtesy of Exquisite Properties, LLC, Lauren Snider {attribution_contact}
Description
Prime multifamily investment in the heart of Beacon Hill! This value-add property sits on a spacious corner lot near the Pearl and Broadway redevelopment, offering immense potential. The front house spans 1,800 sq. ft. and was previously configured as a duplex with 2 meters-previously leased as a single unit at $1,450/month and now vacant. Featuring a metal carport and a wrought iron fence, it presents the option to convert back to two units (2 bed/1 bath each) for increased rental income. The back house is a detached 544 sq. ft. home, complete with a fenced yard, private parking pad, and separate entrance, leased at $950/month. This property provides existing potential along with room for upside. Take advantage of this well-located asset with potential to optimize and expand its returns!
Property Details and Features
Listing
- 9 cumulative days on market
- 9 days on market
- Listing date: 2024-11-11 06:00:00
- Price per square foot: $167
Location
- County: Bexar
- Subdivision: BEACON HILL
Bedrooms
- 4 bedrooms in unit 1
- 1 bedroom in unit 2
Bathrooms
- 2 full bathrooms in unit 1
- 1 full bathroom in unit 2
Accessibility Features
- Unit 1 disability access: Yes
- Unit 2 disability access: Yes
Building
- 1,800 square feet
- 2 total units
- Approximate age: 103 years
- Built in 1921
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Washer
- Dryer
- Washer Connection
- Dryer Connection
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
Exterior Features
- Double Pane Windows
- Has Gutters
- Mature Trees
- Detached Quarters
- Mature Trees (ext feat)
- Level
- Siding
Floors
- Vinyl
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $28,800
- Unit 1 rent: $0
- Unit 2 rent: $950
- 0% vacancy rate
- Annual operating expense: $0
- Gross annual income: $28,800
- Handyman Special
- City Bus
- Not Applicable/None
Parking
- 2 parking spaces for unit 1
- Unit 1 parking type: Carport,Detached,Pad
- 1 parking space for unit 2
- Unit 2 parking type: Pad
Lot
- Lot size: 0.164
Property
- Zoning: R-6 CD NCD-5
Schools
- School district: San Antonio I.s.d.
- Elementary school: Beacon Hill
- Middle school: Beacon Hill
- High school: Edison
Cooling
- 3+ Window/Wall
Heating
- Electric
- Window Unit
- 3+ Units
Energy Saving
- Ceiling Fans
Utilities
- Separate Electric
- Separate Gas
- Common Water
- City
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: CITY
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $7,564