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954 Sw 40th St

San Antonio, TX 78237
  • $240,000
  • STATUS: Active
  • ID#: 1603906
UPDATED: 25 min ago
$240,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,167
    SQFT
  • $206
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Information

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

Description

This is an "investor special" opportunity with both units occupied! Owner would be able to come in and cash flow immediately. The property sits on almost 1/2 an acre of UNRESTRICTED land in which more units could be very easily built. This property could very easily cash flow more than double of the current rents. First unit is basically a single family home located at the front of the property with 2 bedrooms and 1 bathroom. It is being rented out for $1030/month and lease expires August 31, 2022. Second unit is towards the back of the property and it is a 1bed/1bath currently being rented out for $685/month. Lease on this unit expires February 2023. All expenses are paid by tenants. This duplex is located near the intersection of highway 151 and highway 90, super close to the Air Force base. Seller worked hard to update the property and put proper and qualified tenants in place. Great rental property!

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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 2022-05-25T14:32:42.517.
www.perryhenderson.com/homes/128334333
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954 Sw 40th St San Antonio, TX 78237

  • Price: $240,000
  • Status: Active
  • On Site: Days
  • Updated: 25 min ago
  • ID#: 1603906
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,167
SQFT
$206
$/SQFT
1961
Built
Neighborhood:
Block 8991
County:
Bexar
Area:
San Antonio
Elementary School:
Gonzales
Middle School:
Wrenn
High School:
John F Kennedy
School District:
Edgewood I.S.D
Property Description
This is an "investor special" opportunity with both units occupied! Owner would be able to come in and cash flow immediately. The property sits on almost 1/2 an acre of UNRESTRICTED land in which more units could be very easily built. This property could very easily cash flow more than double of the current rents. First unit is basically a single family home located at the front of the property with 2 bedrooms and 1 bathroom. It is being rented out for $1030/month and lease expires August 31, 2022. Second unit is towards the back of the property and it is a 1bed/1bath currently being rented out for $685/month. Lease on this unit expires February 2023. All expenses are paid by tenants. This duplex is located near the intersection of highway 151 and highway 90, super close to the Air Force base. Seller worked hard to update the property and put proper and qualified tenants in place. Great rental property!
Exterior Features

Exterior Wood Exterior Features Controlled Access Foundation Slab Roof Wood Shingle/Shake Unit One Parking Spaces 2 Unit One Parking Type Carport Unit Two Parking Spaces 3 Unit Two Parking Type CarportDetached

Interior Features

Air Conditioning Unit Central Floor VinylLaminate Heating Central Heating Fuel Electric Unit One Beds 2 Unit One Full Baths 1 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Oven/StoveRefrigerator Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Half Baths 0 Unit Two Handicap Access Yes Unit Two Info Oven/StoveRefrigerator

Property Features

Annual Operating Expense 0 Approx Age 61 Builder Name Unknown For Sale Or Rent For Sale Gross Annual Income 20850 Hoa Mandatory None Meters Common WaterCommon ElectricCommon Gas Multifamily Type One Story Net Operating Income 20850 Operating Expense Includes Other Proposed Terms ConventionalFhaVaCash Recent Rehab Yes Source Sq Ft Appsl Dist Subdivision Legal Name City Block 5120 Taxed By Multiple Counties No Total Tax 3358 Unit One Rent 1030 Unit Two Rent 685 Vacancy Rate 0

Listing provided courtesy of Rohail Ullah of Jpar - The Sears Group.


© 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 2022-05-25T14:32:42.517.
 
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The Perry Henderson Group at Douglas Elliman Real Estate
3303 Northland #100
Austin TX, 78731