417 Locust Active Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78212
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,024 sqft
Price per Sqft $228
Subdivision Tobin Hill
MLS Listing ID 1809835
Style Two Story
Bedrooms 8
Full Baths 4
Half Baths 4
Year Built 1945
Annual Tax Amount $19,942
Lot Size 9,278 Sqft
Property Description
Welcome to the beautifully restored property at 417 E Locust, offering investment stability through cash flow, revenue growth, location, and rental demand. This property was taken down to the studs and had a full restoration completed in 2019-2020, including new hard wood flooring, drywall, full paint, full bath remodel, full kitchen remodel, new appliances, counter tops, washer/dryer in each unit, roof (2024), artificial turf, paved parking, and spray insulation, to name a few. Zoned MF-33, the seller has also paid for and will transfer architectural/engineering plans for a duplex that can be added in the back of the property ($10k value). There is an active STR permit and all furniture will convey in the sale upon request of buyer. Lastly, one of the property's most attractive qualities is its ease of management--perfect for short, mid, or long-term rental, or a combination of the three, depending on your investment strategy.
Location
State TX
County Bexar
Area 0900
Interior
Heating Central
Cooling Multi-Unit Central
Flooring Ceramic Tile,Wood
Exterior
Exterior Feature Wood
Garage Spaces 4.0
Roof Type Composition
Building
Sewer City
Water City
Schools
Elementary Schools Call District
Middle Schools Call District
High Schools Call District
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional,FHA,VA,Cash
Listing Terms Conventional,FHA,VA,Cash