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Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 2,776 sqft
Price per Sqft $106
Subdivision Bandera Landing
MLS Listing ID 1450755
Sold Date 05/22/20
Style Two Story
Bedrooms 6
Full Baths 4
Half Baths 2
Construction Status Pre-Owned
Year Built 2005
Annual Tax Amount $7,041
Lot Size 6,917 Sqft
Property Description
Unique and rare opportunity to buy a recession proof and cash-flowing property. One unit is leased through 2021 at $1,400 per month ($16.8k annually). Unit two is a cash cow Airbnb, grossing $30k in 2019! Owner is changing careers and can no longer manage the Airbnb business, but willing to transfer the unit fully furnished to a motivated buyer. The home also provides a fantastic opportunity to live in one unit and maintain the long term tenant next door. A mortage of under $1,400 per month is possible for this home, your tenant virtually covers the entire mortgage. Live Mortgage/Rent FREE! The home is in fantastic shape. New high-quality Cedar fencing in March 2020, New roofs in 2019, New Sherwin Williams interior and exterior paint in 2019, laminate floors and carpeting replaced in 2019. The backyards were fully sodded and updated in 2018. This home is ready to move-in!
Location
State TX
County Bexar
Area 0300
Zoning RM-4
Interior
Heating Heat Pump, 2 Units
Cooling Two Central
Flooring Carpeting, Ceramic Tile, Laminate
Exterior
Exterior Feature Brick, Siding
Garage Spaces 6.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Elrod Jimmy
Middle Schools Connally
High Schools Marshall
School District Northside
Others
Acceptable Financing Conventional, FHA, VA, Lease Option, TX Vet, Cash, Investors OK, USDA
Listing Terms Conventional, FHA, VA, Lease Option, TX Vet, Cash, Investors OK, USDA
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