$420,000
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4 Beds
3 Baths
2,658 SqFt
SOLD DATE : 08/28/2024
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 2,658 sqft
Price per Sqft $158
Subdivision Alta Vista
MLS Listing ID 1777365
Sold Date 08/28/24
Style Two Story
Bedrooms 4
Full Baths 3
Construction Status Pre-Owned
Year Built 1925
Annual Tax Amount $10,474
Lot Size 6,490 Sqft
Property Description
**Premier Triplex Investment Opportunity in Alta Vista/Monte Vista** Presenting 531 W. Gramercy Pl., San Antonio, TX 78212-a maintained two-story triplex situated in the highly coveted Alta Vista/Monte Vista neighborhood. Spanning a total of 2,658 square feet on a .1489 acre lot, this property features three actively leased units, collectively generating $33,000 annually. The layout includes two 750 square foot 1-bedroom, 1-bathroom units on the first level, and a more spacious 1,158 square foot 2-bedroom, 1-bathroom unit on the second level. Recent property enhancements include foundation work and new drywall installation throughout, ensuring a turnkey solution for any investor. On-site gravel parking and ample street parking available. Each unit has their own electric meter. Located near prestigious educational institutions such as Trinity University, University of the Incarnate Word, and San Antonio College, and less than 4 miles from Central Downtown San Antonio and the San Antonio Riverwalk, this location is prime for attracting high-quality tenants. Offered at CAD value, this property is a rare find in a sought-after area.
Location
State TX
County Bexar
Area 0900
Zoning RM-4
Direction W
Interior
Heating Central
Cooling Multi-Unit Central
Flooring Ceramic Tile, Wood, Vinyl
Exterior
Exterior Feature Wood, Siding
Garage Spaces 6.0
Roof Type Built-Up/Gravel,Composition
Building
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Cotton
Middle Schools Mark Twain
High Schools Edison
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash, Investors OK
Listing Terms Conventional, Cash, Investors OK
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