** TURNKEY DUPLEX * Cash-Flowing Day One * Zoned for 4 Units Investor-ready and producing income from day one. Preliminary plans for additional 2 units already drawn up and will convey. Two fully renovated 3-bed/1-bath units - 2,408 sq ft total - with **long-term tenants already in place**: * Unit A - $1,495/mo * Unit B - $1,400/mo * **Combined: $2,895/mo * $34,740 gross annual rent** Market comps support an immediate bump to **$3,000-$3,100/mo combined** with the next lease cycle - that's $36k-$37k gross with zero upgrade work needed. **Built 1950 * Comprehensively renovated 2021:** * 2021 roof, HVAC, siding, exterior + interior paint * 2021 LVP flooring throughout, modern cabinetry, updated countertops, new appliances * Washer/dryer hookups in BOTH units **Separate electric meters** (tenants pay their own - owner cash flow stays clean) * 1-car garage per unit + long driveway + ample street parking **The standout feature:** an **exclusive rooftop deck over the garage** with private staircase access - currently the upstairs unit's primary entrance and a major draw for premium tenants. **The hidden upside that makes this a deal:** Zoned **up to 4 units**. Plans included for a **second duplex behind the existing structure** - turning a $35k/yr property into a potential $70k+/yr asset on the same lot. **Operations couldn't be cleaner:** * Tenants treat the property like their own - they maintain the landscaping themselves * No deferred maintenance - every major system replaced in 2021 * Stable lease history, no vacancy gaps **Location wins:** * Walking distance to **Woodlawn Lake** * Heart of the **Deco District** - one of San Antonio's fastest-appreciating submarkets * Minutes to **Downtown San Antonio** * Quiet residential street with persistent rental demand **Bottom line:** Already producing, already updated, already tenanted - AND has a documented expansion path to nearly double the income on the same parcel. Rare 1031 / buy-and-hold combo. **Showings by appointment - serious buyers only.** Tenants on premises.
| MLS # | 1997664 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 55 |
| Listing Provided By | Keller Williams City-View | Heath Shepard |
| SQ Feet | 2,408 |
|---|---|
| Units | 2 |
| Acreage | 0.27 |
| Heating Fuel | Electric |
|---|
| Exterior | Siding |
|---|---|
| Exterior Features | Double Pane Windows, Level |
| Tax Property Id | 091010020020 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 8409 |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78228 |
| Area | Bexar |
| Community Name | JEFFERSON TERRACE |
| School District | San Antonio I.S.D. |
| Elementary School | Madison |
| High School | Jefferson |
| Listing VS Median (in JEFFERSON TERRACE) | |
Price: $389,000 low | high Med: $205,000 sqft: 2,408 low | high Med: 1,303 $ / sqft: $162 low | high Med: $157 On site: 55 low | high Med: 83 | |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78228 |
| Area | Bexar |
| Community Name | JEFFERSON TERRACE |
| School District | San Antonio I.S.D. |
| Elementary School | Madison |
| High School | Jefferson |
| Listing VS Median (in JEFFERSON TERRACE) | |
Price: $389,000 low | high Med: $205,000 sqft: 2,408 low | high Med: 1,303 $ / sqft: $162 low | high Med: $157 On site: 55 low | high Med: 83 | |