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Lakeisha Davis

inquiries@buyandsellwithlakeisha.realtor +1(815) 382-2806

$720,000

Est. payment - /mo

12 Beds

8 Baths

2,212 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $325

Subdivision Culebra S. To Delgado Sa

MLS Listing ID 1998762

Style Two Story

Bedrooms 12

Full Baths 8

Year Built 2020

Annual Tax Amount $7,850

Lot Size 8,973 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $4,050/month in day-one income from Units 2 and 4 (currently leased to 5 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Units 1 and 3 fully vacant and Unit 4 having one additional vacant room - giving a buyer 7 vacant bedrooms total ready to generate immediate upside. OPTION 1: Lease Units 1 and 3 the traditional way at $1,350/month each and fill the remaining vacant room in Unit 4, bringing total gross monthly income to $7,550 (a potential $90,600 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 7 vacant bedrooms individually at $800/month each for a total gross monthly income of $9,650 (a potential $115,800 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out Unit 3 traditionally plus fill the vacant room in Unit 4, for a total gross monthly income around $6,200 ($74,400 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting out every other bedroom on the property by-the-room, generating approximately $8,850/month ($106,200 annually) toward your housing costs and beyond. Ideally located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.

Location

State TX

County Bexar

Area 0700

Zoning MF-33

Direction W

Interior

Heating Central

Cooling One Central, Three+ Central

Flooring Carpeting, Ceramic Tile, Laminate

Exterior

Exterior Feature Cement Fiber

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Cedar Post

Sewer City

Water City

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

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LERA MLS - Local Expertise Regional Access / SABOR

Listed by Marc Longoria • LPT Realty, LLC • (210) 262-7815

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Lakeisha Davis

+1(815) 382-2806

REALTOR® | License ID: 696928

REALTOR® License ID: 696928

1535 Laurel San Antonio, TX 78201

Lakeisha Davis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1535 Laurel