119 Bank, San Antonio, TX 78204

$795,000
5,510
SqFt

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List Price
$795,000
MLS#
1926651
Status
PENDING
Number of Units
11
County
Bexar
City
San Antonio
Subdivision
S Durango/Probandt
Living Area
5,510
Acres
0.22

Property Description

119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi-building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building - 6 Units: Three 1-bedroom apartments and three efficiencies. Middle Courtyard Row - 3 Units: Two efficiencies and one 1-bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings - 2 Units: * 3-bedroom/1-bath single-family home. * Two-story co-living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.

Additional Information

Days on Market
234
Year Built
1949
Builder Name
Unknown
Cooling
Window/Wall
Heating
Window Unit
Exterior
Siding
Roof
Composition
Floor
Ceramic Tile, Laminate
School District
San Antonio I.S.D.
Elementary School
Briscoe
Middle School
Harris
High School
Burbank

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Arthur Sable (aesable.ownahome@gmail.com) from Listing Office: Keller Williams Legacy.

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