Property Type One Story
Status New
Price Type
Distressed
Year Built 1949
Neighborhood University Park
Days on Website 7

Property Map

$209,000 – 2427 Cincinnati Ave, San Antonio, TX 78228

Street View

Courtesy of RE/MAX Alamo Realty, Esteban Trevino {attribution_contact}

Description

Great Income Producing DUPLEX two blocks away from St. Mary’s University * One side offers 2 Bedrooms, 1 Bath and other is 1 Bedroom, 1 Bath * 1 Bedroom Unit currently has month to month tenant paying $650.00 * 2 Bedroom unit (can rent for $850.00) is vacant & can been seen to appreciate condition of building * Please don’t disturb tenant in unit 2429 * Original wood flooring in both units * Multiple window units for A/C cooling & electric wall heaters for heating * Both units come with Refrigerators & Stoves * Separate Electric Meters & 1 Common Water Meter * Owners currently do their own management on this property * Minutes to St. Mary Universtity, Downtown SA, IH 10, Loop 410, & SAISD schools.

Property Details and Features

Listing

  • 6 cumulative days on market
  • 6 days on market
  • Listing date: 2024-11-26 06:00:00
  • Price per square foot: $147

Location

  • County: Bexar
  • Subdivision: UNIVERSITY PARK

Bedrooms

  • 2 bedrooms in unit 1
  • 1 bedroom 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

  • 1,424 square feet
  • 2 total units
  • Approximate age: 75 years
  • Built in 1949
  • Builder: Unknown
  • Oven/Stove
  • Refrigerator
  • Oven/Stove
  • Refrigerator

Exterior Features

  • Patio Slab
  • Covered Patio
  • Mature Trees
  • Cable TV Available
  • Level
  • Wood
  • Siding

Floors

  • Ceramic Tile
  • Wood
  • Vinyl

Roof

  • Heavy Composition

Miscellaneous

  • Net operating income: $11,455
  • Unit 1 rent: $850
  • Unit 2 rent: $650
  • 50% vacancy rate
  • Annual operating expense: $6,545
  • Gross annual income: $18,000
  • Taxes
  • Insurance
  • Management

Parking

  • 1 parking space for unit 1
  • Unit 1 parking type: Detached,Pad,Street
  • 1 parking space for unit 2
  • Unit 2 parking type: Detached,Pad,Street

Lot

  • Lot size: 0.207

Schools

  • School district: San Antonio I.s.d.
  • Elementary school: Madison
  • Middle school: Longfellow
  • High school: Jefferson

Cooling

  • Window/Wall

Heating

  • Electric
  • Other

Utilities

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

Taxes

  • Total tax amount: $4,420

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