$999,000 Price Analysis 400 W Lynwood AveSan Antonio, TX 78212 8 bed 8 bath 4,641 SqFt ($215/SqFt) 9,235SqFt lot. Built 1934 Listed 2024-02-24, Taxes $12,943 | Ⓧ USDA Ineligible due to price & location near San Antonio |
8-unit, fully occupied corner lot in the desirable neighborhood of Alta Vista. MF-33 zoning with parking! Proprties like this don't come available often. All units are 1 bedroom 1 bathroom with hardwood floors, central HVAC, updated kitchens and all units are in tremendous shape. Brand new Roof (May 2024), 7 out of the 8 HVAC units were replaced in 2022 and the other one is a few years old.
Most rents range from $865-$910 so there is room for rent increases across the board. Tenants pay water and electricity and owner pays for garbage which the new owner could add into their next lease renewal. There is a coin operated separate laund ry facility on site. This property always stays rented and is a fully turnkey investment, with value-add opportunity for anyone looking for a solid long-term investment.
Presented by Loren Polito at
Real Broker, Llc.
Property MLS #1753927 from SanAntonio
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $256,570 + $221,120 $477,690 | $12,943 |
2021 | $248,990 + $201,010 $450,000 | $12,572 |
2020 | $238,990 + $201,010 $440,000 | $12,344 |
2019 | $246,190 + $174,810 $421,000 | $11,932 |
2018 | $235,490 + $166,510 $402,000 | $11,521 |
2017 | $215,350 + $166,510 $381,860 | $10,835 |
2016 | $234,080 + $116,240 $350,320 | $9,887 |
2015 | $229,300 + $110,700 $340,000 | $9,173 |
2014 | $179,850 + $110,700 $290,550 | $7,861 |
2013 | $179,850 + $110,700 $290,550 | $7,825 |
2012 | $unknown + $unknown $276,800 | $7,369 |
2011 | $unknown + $unknown $276,800 | $7,209 |
2010 | $unknown + $unknown $277,000 | $7,174 |
2009 | $unknown + $unknown $285,000 | $7,240 |
2008 | $unknown + $unknown $288,000 | $7,316 |
2007 | $unknown + $unknown $282,000 | $7,108 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.