1522 Elmendorf St S, San Antonio, TX 78207
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Priced at Only: $518,000
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Address: 1522 Elmendorf St S, San Antonio, TX 78207
Property Location and Similar Properties
- MLS#: 1822777 ( Multi-Family (2-8 Units) )
- Street Address: 1522 Elmendorf St S
- Viewed: 147
- Price: $518,000
- Price sqft: $155
- Waterfront: No
- Year Built: 2023
- Bldg sqft: 3346
- Days On Market: 186
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78207
- Subdivision: Cupples/zarzamora
- District: San Antonio I.S.D.
- Elementary School: King
- Middle School: Rhodes
- High School: Lanier
- Provided by: LPT Realty, LLC
- Contact: Marc Longoria
- (210) 262-7815
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DescriptionATTENTION INVESTORS: Purchase this investment property without the usual income or debt verification requirements. You may qualify for a loan based strictly on your assets and the property's rental income potential (as determined by an appraisal). It's straightforward and hassle free. No income or debt documentation required. Up to 40 year terms with an interest only option. Only 25% down. Asset verification required. LLC friendly. Here is your opportunity to create cash flow for life! No vacancies. Collect rent on all 3! This triplex was just built in 2023. All 3 units have been leased long term. Annual gross rental income: $54,000. Security deposits to be transferred to the buyer: Unit 1: $3,000. Unit 2: $3,000. Unit 3: $1,500. Each apartment unit has 3 bedrooms (one down, two up) and 2 full baths (one down, one up). The interior hosts laminate flooring on the first floor, ceramic tile in the bathrooms, and carpet on the second floor. The exterior features a metal fence with double swinging gates, mature trees, and a carport to help protect vehicles on those hot/rainy days. This property is in a well established westside neighborhood, within walking distance of parks featuring walking trails, picnic tables, a creek bed, basketball courts, and a swimming pool. This property is less than 10 minutes from downtown San Antonio, making it a great investment to buy and hold with long term tenants, house hack, or mid/short term rentals.
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Features
Building and Construction
- Builder Name: MEYER MILLER DEVELOPERS
- Construction: New
- Exterior Features: Siding
- Flooring: Carpeting, Ceramic Tile, Laminate
- Foundation: Slab
- Roofing: Composition
- Source Sqft: Appsl Dist
School Information
- Elementary School: King
- High School: Lanier
- Middle School: Rhodes
- School District: San Antonio I.S.D.
Eco-Communities
- Water/Sewer: City
Utilities
- Air Conditioning: Unit Central
- Heat: Central
- Heating Fuel: Electric
- Meters: Separate Electric, Common Water
- Utility Supplier Elec: CPS
- Utility Supplier Grbge: CITY
- Utility Supplier Sewer: CITY
- Utility Supplier Water: SAWS
Finance and Tax Information
- Annual Operating Expense: 12000
- Days On Market: 682
- Home Owners Association Mandatory: None
- Net Operating Income: 42000
- Total Tax: 11235
Other Features
- Contract: Exclusive Right To Sell
- Instdir: IH 35 South from downtown, exit and turn right on S Laredo, Cross Zarzamora, then turn left on S Elmendorf.
- Legal Desc Lot: 11
- Legal Description: NCB 7388 BLK LOT 11
- Op Exp Includes: Taxes
- Ph To Show: 210-222-2227
- Salerent: For Sale
- Style: Two Story
- Views: 147
- Zoning: MF-33
Owner Information
- Owner Lrealreb: No
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