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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 2,634 sqft
Price per Sqft $115
Subdivision Spring Meadows
MLS Listing ID 1558203
Sold Date 10/26/21
Style Two Story
Bedrooms 6
Full Baths 4
Year Built 2007
Annual Tax Amount $5,112
Lot Size 7,840 Sqft
Property Description
This duplex is situated in a desired residential area and makes for a great investment property or buy it and live in one unit and rent out the second unit! Each unit is 3 beds, 2 baths and a single car garage. There are new AC systems on each unit(Summer 2021), new garbage disposals in both units and a new roof was installed in 2020. This property is tenant occupied. One lease($1,025/month) expires on 10/31/21 and the other lease($1,300/month) expires 4/30/2022. Proforma is $1,350 for each unit(10.62% Gross Return). All Utilities are paid for by the tenant. Insurance is $1,151/year and taxes are $5,112.50/year. Estimated Annual Net ProForma is $26,136.50 which is a return of 8.56%.
Location
State TX
County Bexar
Area 1700
Zoning OCL
Interior
Heating Heat Pump
Cooling Two Central
Flooring Carpeting, Ceramic Tile, Vinyl
Exterior
Exterior Feature Stucco
Garage Spaces 4.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Spring Meadows
Middle Schools Woodlake Hills
High Schools Judson
School District Judson
Others
Acceptable Financing Conventional, FHA, VA, Cash, Investors OK
Listing Terms Conventional, FHA, VA, Cash, Investors OK
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