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$ 950,000
Est. payment | /mo
4,039 SqFt
$ 950,000
Est. payment | /mo
4,039 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 4,039 sqft
Price per Sqft $235
MLS Listing ID 1941710
Construction Status Wood
Year Built 1926
Annual Tax Amount $9,393
Lot Size 0.286 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.
Location
State TX
County Bexar
Area 0900
Zoning R-6 CD NCD-2
Direction N
Exterior
Garage Spaces 5.0
Utilities Available Electricity, Water, Telephone, Sewer, Cable TV
Roof Type Composition,Metal
Building
Construction Status Wood
Schools
School District San Antonio I.S.D.
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
Listed by Joel Leos • Keller Williams Heritage • (224) 634-8877
Schools and Properties Nearby
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