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$ 440,000
Est. payment /mo
Price Dropped by $20K
803 RUSSELL PL San Antonio, TX 78212-3667
5 Beds
4 Baths
3,327 SqFt
UPDATED:
09/21/2024 07:06 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 3,327 sqft
Price per Sqft $132
Subdivision Alta Vista
MLS Listing ID 1794639
Style Two Story
Bedrooms 5
Full Baths 4
Year Built 1940
Annual Tax Amount $9,721
Lot Size 6,272 Sqft
Property Description
Price is subject to the appraiser IF value is lower:) MAKE CASH FLOW ! 4plex with an extra unit of a three br 1ba guest house at the back for a total of 5 units! 4 out of 5 units are occupied and total income is $3491 You can finance it as a 4plex and get a residential loan with better terms and own 5 units! With the guest house and some expansion we did into two other units - note that sf is roughly now 3,327 sf subject to further evaluation. Owner pays the water bill for all tenants which is about $200a month. Tenants pay the electric. Potential to upgrade and renovate the units and get higher rents Rents for 4 units plus the guest house at the back. Except designated parking for the guest house at the back- there is street parking. The city divided the property to 803 and 805 W Russel. I did foundation work in 2024 with transferable warranty
Location
State TX
County Bexar
Area 0900
Direction W
Interior
Heating 2 Units
Cooling Two Window/Wall
Flooring Linoleum, Vinyl
Exterior
Exterior Feature Siding
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Wright
Middle Schools Tafolla
High Schools Edison
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
Listed by Idan Zur • Fortune Realty LLC • (505) 480-3401