207 Hermine , San Antonio, TX 78212
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Priced at Only: $330,000
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Address: 207 Hermine , San Antonio, TX 78212
Property Location and Similar Properties
- MLS#: 1850659 ( Multi-Family (2-8 Units) )
- Street Address: 207 Hermine
- Viewed: 1
- Price: $330,000
- Price sqft: $240
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 1376
- Days On Market: 13
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78212
- Subdivision: Olmos Park Terrace
- District: San Antonio I.S.D.
- Elementary School: Rogers
- Middle School: Rogers
- High School: Edison
- Provided by: StepStone Realty, LLC
- Contact: Hiroki Irino
- (210) 802-7262
- DMCA Notice
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DescriptionTurnkey duplex in the Olmos Park Terrace Historic District, perfect for house hacking, short term rentals, or long term investment. Fully furnished and successfully operated as an Airbnb and corporate rental, attracting strong demand from traveling professionals and short term guests. Unit 1 (Front door access: 2 bed, 1 bath) is vacant and move in ready with central HVAC, in unit laundry, modern interiors, and a separate entrance. Unit 2 (From carport door access: 1 bed, 1 bath) is currently leased month to month at $1,800 and requires 24 hour notice for showings. Recent upgrades include a new roof, foundation work, updated plumbing, and electrical improvements. The all electric property has one water heater in Unit 2 that services both units. Prime location just 4 miles from Downtown San Antonio, near The Quarry, Olmos Basin Park, HEB, USAA, and Southwest Research Institute, ensuring strong rental demand. Estimated short term rental gross annual income of $42,131, with eligibility for historic tax benefits. 2024 Total Tax (Without Exemptions): $6,246.78; with HT (Historical Tax) exemption, no city taxes total with current exemptions: $4,860.31. This investment will not only generate strong rental income but also add to your cash flow through tax savings. Priced at $330,000 for a quick sale. Showings require 24 hour advance notice via ShowingTime. Don't miss this high income opportunity schedule your showing today.
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Features
Building and Construction
- Apprx Age: 72
- Builder Name: Unknown
- Construction: Pre-Owned
- Exterior Features: Siding
- Flooring: Ceramic Tile, Laminate
- Foundation: Slab
- Roofing: Composition
- Source Sqft: Appraiser
School Information
- Elementary School: Rogers
- High School: Edison
- Middle School: Rogers
- School District: San Antonio I.S.D.
Eco-Communities
- Energy Efficiency: Programmable Thermostat, Double Pane Windows, Ceiling Fans
- Water/Sewer: City
Utilities
- Air Conditioning: Multi-Unit Central
- Heat: Central
- Heating Fuel: Electric
- Meters: Separate Electric, Common Water
- Utility Supplier Elec: CPS Energy
- Utility Supplier Gas: Not in use
- Utility Supplier Grbge: City
- Utility Supplier Sewer: SAWS
- Utility Supplier Water: SAWS
Finance and Tax Information
- Annual Operating Expense: 27217.82
- Home Owners Association Mandatory: None
- Net Operating Income: 14913.76
- Total Tax: 6246.78
Other Features
- Contract: Exclusive Right To Sell
- Instdir: From I-410 to San Pedro Ave to W Hermine Blvd. Turn left onto W Hermine Blvd.
- Legal Desc Lot: 102
- Legal Description: NCB 9005 Hermine Subd, Block 3 Lot 102 2023-New Per Plat 2
- Miscellaneous: Historic District
- Op Exp Includes: Taxes, Insurance, Maintenance, Management, Licenses/Permits, All Utilities, Services, Miscellaneous
- Ph To Show: 800-746-9464
- Salerent: For Sale
- Style: One Story
- Zoning: R-4
Owner Information
- Owner Lrealreb: No
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- Antonio Ramirez
- Premier Realty Group
- Mobile: 210.557.7546
- Mobile: 210.557.7546
- tonyramirezrealtorsa@gmail.com