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Seller's Agent in 2023
Michael Marelli
Marelli Properties
(210) 393-6616
1 in this area
54 Total Sales
Unique income-producing opportunity for house hacking or mid-term rental strategies! High occupancy by long-term tenants due to the high demand for rent by the room in this area! Close to downtown, shopping, dining, St. Mary's University, and Woodlawn Lake Park. This property has four apartment units, thirteen bedrooms, and six bathrooms for a total of twelve separate leases. The monthly gross income is $8684 exceeding the 1% rule. The main house was built in 1928 and has two 5-bdrm/2-bath apartments, with individual entries, 1896sf each, one upstairs, and one downstairs. The front door opens to the stairway leading to the upstairs apartment *UNIT1*. The back door opens to the ground floor apartment *UNIT 3*. All 10 bedrooms in the main house are leased by the bedroom, with shared common areas & bathrooms. Back house built approx 1950. The back house has an 864sf 2-bdrm/1-bath apartment upstairs *UNIT 2*, and a 384sf studio apartment downstairs *UNIT 4*. There is a large carport/shed area next to the studio and a large common area for sitting or grilling. The owners have completed many updates and renovations such as a new wood porch, new fascia/gutters, new HVAC and ducts in unit 1, roof in 2017, electric deadbolts, interior paint, wood floors in most areas, updated electrical, new granite counter, new water heater in the main house, new ranges in units two and three, and much more!
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/15/2023 06/15/23 | Sold | -- | -- | -- |
05/25/2023 05/25/23 | Pending | -- | -- | -- |
05/05/2023 05/05/23 | For Sale | $699,900 | +133.3% | $139 / Sq Ft |
04/04/2013 04/04/13 | Off Market | -- | -- | -- |
12/01/2012 12/01/12 | Sold | -- | -- | -- |
11/01/2012 11/01/12 | Pending | -- | -- | -- |
12/07/2010 12/07/10 | For Sale | $300,000 | -- | $60 / Sq Ft |
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Seller's Agent in 2023
Michael Marelli
Marelli Properties
(210) 393-6616
1 in this area
54 Total Sales
Buyer's Agent in 2023
Victor Steffen
eXp Realty
(570) 780-1838
3 in this area
371 Total Sales
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Seller's Agent in 2012
Cory Micknicz
5 Star Real Estate
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Buyer's Agent in 2012
Melinda Sanchez
Home Team of America
Source: San Antonio Board of REALTORS®
MLS Number: 1685290
APN: 03031-002-0150