NE San Antonio, Government Hill  3 Unit Investment Property- Steps From Fort Sam Houston

This  property has 3 units. It is a great investment opportunity down the street from Fort Sam Houston's military base,  With some work this property really cash flow. 

Property Details: 

• 1st unit (approx 600 sqft, 2 bedrooms, full bath) RENTED FOR: $1000
• 2nd unit (approx 800 sqft, 2 bedrooms, full bath RENTED FOR $1100
• 3rd Unit (approx 500 sqft, 1 bedroom, full bath) RENTED FOR $600

With some work these could rent for much more!

RENTAL COMPS: 

1614 N PALMETTO RENTS FOR $1500 BUILT IN 1930 2BD 1BA 816 SQFT          .81 MILES FROM LISITING

219 COLEMAN RENTS FOR $1700 BUILT IN 1935 2BD 1BA 860 SQFT                  .04 MILES FROM LISTING

127 SANDMEYER UNIT 8 RENTS FOR $650 BUILT IN 1926 1BD 1 BA 456 SQFT  .47 MILES FROM LISTING

BEST SOLD COMP:

421 PIERCE ST SA TX 78208 SOLD FOR $400K BUILT IN 1950. 6BD 2BA 1658 SQFT .74 MILES FROM LISTING

PRICING DETAILS:

ASKING PRICE: $135K

ARV: $400:

REPAIR EST: $110K- $120K

EMD: $2500

ANNUAL TAXES:$4653

CONDITION DETAILS:

REHAB LEVEL: FULL REHAB

FOUNDATION: EACH UNIT NEEDS SOME MINOR FOUNDATION REPAIR

ELECTRICAL: ORIGINAL

PLUMBING: ORIGINAL

HVAC: WINDOW UNITS, EACH UNIT WOULD NEED CENTAL AIR INSTALLED

ROOFS: GOOD CONDITION 

OCCUPANY: VACANT

*REACH OUT TO JASON TODAY*

CALL OR TEXT 210-330-6446 JASON@STREEHOMEBUYERS