$400,000
4
Units
Property Type
Two Story
Status
New
Price Type
Distressed
Year Built
1936
Neighborhood
Prospect Hill
Days on Website
4
Property Map
$400,000 – 2422 W Commerce St, San Antonio, TX 78207
Street View
Courtesy of RE/MAX Associates, Dix Densley {attribution_contact}
Description
Investors welcome! Great investment opportunity, recently renovated. Easy access to shopping, dining, and downtown. Looking to get into multi-family or expand your portfolio? Don’t miss this one!
Property Details and Features
Listing
- 159 cumulative days on market
- 5 days on market
- Listing date: 2024-11-16 06:00:00
- Price per square foot: $118
Location
- County: Bexar
- Subdivision: PROSPECT HILL
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
- 3,400 square feet
- 4 total units
- Approximate age: 88 years
- Built in 1936
- Builder: Unknown
- Refrigerator
- Refrigerator
- Refrigerator
- Refrigerator
Exterior Features
- Not Applicable/None
- Siding
Floors
- Vinyl
Roof
- Composition
Miscellaneous
- Net operating income: $43,891
- Unit 1 rent: $850
- Unit 2 rent: $850
- Unit 3 rent: $850
- Unit 4 rent: $850
- 75% vacancy rate
- Annual operating expense: $8,909
- Gross annual income: $52,800
- Miscellaneous
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
Lot
- Lot size: 0.151
Schools
- School district: San Antonio I.s.d.
- Elementary school: Ogden
- Middle school: Irving
- High school: Lanier
Cooling
- One Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Separate Gas
- City
Taxes
- Total tax amount: $8,909