Seller will consider contributing toward buyer closing costs with an acceptable offer. Income-producing five-unit property with outstanding curb appeal in an established, centrally located San Antonio neighborhood. The property includes four one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit. Four units are currently occupied on month-to-month arrangements and generate a combined $3,250 per month, providing immediate cash flow. Existing rents are reportedly below current market levels, creating additional income and repositioning potential for the next owner. The vacant unit provides an opportunity for completion and lease-up. Additional highlights include a new rear deck and a basement-an uncommon and useful feature in San Antonio. Convenient access to downtown, major employment and medical centers, dining, shopping and neighborhood amenities helps support strong rental demand. Seller financing may be available for qualified buyers, subject to RMLO review and final seller approval. Property is being sold as-is. All Photos of interior are from Unit 1 & 2
Courtesy of Virtuous Properties, Llc
This real estate information comes in part from the Internet Data Exchange/Broker Reciprocity Program. Information is deemed reliable but is not guaranteed.
© 2017 San Antonio Board of Realtors. All rights reserved.
