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522 W Magnolia Ave

San Antonio, TX 78212
  • $724,500
  • STATUS: Active
  • ID#: 1578728
UPDATED: 168 min ago
$724,500
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,624
    SQFT
  • $276
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

In the heart of Alta Vista, this beautifully remodeled 4 unit property comes with new windows, new roof, modern kitchens and baths throughout and two furnished units upstairs for short-term rental income. Take a look at the homes on this street to see the incredible transformation in the area that adds to both rental and property equity. All 4 units have been continually rented out since they became available in January. Units rented for 2k a month per unit. This is an excellent opportunity for investors and owner-occupant house-hackers alike. You've got to see the luxurious finishing touches the owners have put on this property to make it stand out on rental sites! Additional property information: Inside plumbing was 100% replaced with pvc and pex. Everything is new and inspected. The line leading to city drain was camera inspected by the city around a year ago at rough in to verify no standing water or issues with pathway to city service. Electrical has also been fully updated with 4 individually metered 200 amp service boxes. They have breaker space for mini splits. The current window units currently installed are high end 12000 BTU units that heat and cool. **All 4 units rented out. Showings will only be accommodated between tenants OR with an executed contract**

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© 2022 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Perry Henderson Group at Douglas Elliman Real Estate. Last updated 2022-05-20T23:33:22.717.
www.perryhenderson.com/homes/124336875
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522 W Magnolia Ave San Antonio, TX 78212

  • Price: $724,500
  • Status: Active
  • On Site: Days
  • Updated: 168 min ago
  • ID#: 1578728
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,624
SQFT
$276
$/SQFT
1915
Built
Neighborhood:
Alta Vista
County:
Bexar
Area:
San Antonio
Elementary School:
Cotton
Middle School:
Call District
High School:
Edison
School District:
San Antonio I.S.D.
Property Description
In the heart of Alta Vista, this beautifully remodeled 4 unit property comes with new windows, new roof, modern kitchens and baths throughout and two furnished units upstairs for short-term rental income. Take a look at the homes on this street to see the incredible transformation in the area that adds to both rental and property equity. All 4 units have been continually rented out since they became available in January. Units rented for 2k a month per unit. This is an excellent opportunity for investors and owner-occupant house-hackers alike. You've got to see the luxurious finishing touches the owners have put on this property to make it stand out on rental sites! Additional property information: Inside plumbing was 100% replaced with pvc and pex. Everything is new and inspected. The line leading to city drain was camera inspected by the city around a year ago at rough in to verify no standing water or issues with pathway to city service. Electrical has also been fully updated with 4 individually metered 200 amp service boxes. They have breaker space for mini splits. The current window units currently installed are high end 12000 BTU units that heat and cool. **All 4 units rented out. Showings will only be accommodated between tenants OR with an executed contract**
Exterior Features

Exterior Wood Roof Composition Unit Four Parking Spaces 1 Unit Four Parking Type Pad Unit One Parking Spaces 1 Unit One Parking Type Pad Unit Three Parking Spaces 1 Unit Three Parking Type Pad Unit Two Parking Spaces 1 Unit Two Parking Type Pad

Interior Features

Air Conditioning Window/Wall Floor Wood Heating Floor Furnace Heating Fuel Natural Gas Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Half Baths 0 Unit Four Handicap Access No Unit Four Info Not Applicable Unit One Beds 1 Unit One Full Baths 1 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Not Applicable Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Three Handicap Access No Unit Three Info Not Applicable Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Half Baths 0 Unit Two Handicap Access No Unit Two Info Not Applicable

Property Features

Annual Operating Expense 4450 Approx Age 107 Builder Name Unk For Sale Or Rent For Sale Gross Annual Income 85200 Hoa Mandatory None Meters Separate ElectricSeparate GasSeparate Water Multifamily Type Two Story Net Operating Income 80750 Operating Expense Includes InsuranceMaintenanceNot Applicable/None Potential Short Sale No Proposed Terms ConventionalFhaVaCash Recent Rehab Yes Source Sq Ft Appsl Dist Subdivision Legal Name Alta Vista Taxed By Multiple Counties No Total Tax 8696 Unit Four Rent 2000 Unit One Rent 2000 Unit Three Rent 2000 Unit Two Rent 2000 Utility Supplier Electric Cps Utility Supplier Garbage City Utility Supplier Gas Cps Utility Supplier Sewer Saws Utility Supplier Water Saws Vacancy Rate 2 Water Sewer City Zoning Rm-4

Listing provided courtesy of Timothy Warlow of Keller Williams Boerne.


© 2022 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Perry Henderson Group at Douglas Elliman Real Estate. Last updated 2022-05-20T23:33:22.717.
 
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The Perry Henderson Group at Douglas Elliman Real Estate
3303 Northland #100
Austin TX, 78731