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$2,850,000
Est. payment /mo
10,529 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 10,529 sqft
Price per Sqft $270
MLS Listing ID 1890544
Construction Status Stucco
Year Built 1990
Annual Tax Amount $38,988
Lot Size 0.454 Acres
Property Sub-Type Commercial Improved Prop
Property Description
An exceptional investment opportunity in the heart of Alamo Heights, this 7-unit multifamily property presents a rare chance to acquire income-producing real estate in one of San Antonio's most coveted neighborhoods. Strategically positioned in a high-demand rental market, the property is nestled beneath a canopy of mature oaks with thoughtfully maintained landscaping throughout its .49 acre lot. The offering includes approximately 11,200 square feet of rentable area with units ranging from one to three bedrooms, most of which are currently leased providing immediate cash flow. Each unit features its own attached garage, private porch or balcony, and a floor plan designed to support today's lifestyle demands. Recent improvements include new flooring and fresh paint in select residences. Offering spacious layouts that appeal to long-term renters, the property is well-positioned to maintain consistent occupancy. Located just minutes from top-rated schools, major retail, dining, and cultural attractions, this multifamily residence offers both long-term appreciation potential and stable occupancy. A compelling acquisition for investors seeking location, scale, and income stability, benefiting from strong regional demand and proximity to major employment, retail, and recreational destinations.
Location
State TX
County Bexar
Area 1300
Zoning OCL
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 7.0
Utilities Available Electricity, Gas, Water, Sewer
Roof Type Built-Up/Gravel,Tile
Building
Story 2
Level or Stories 2
Construction Status Stucco
Schools
School District Alamo Heights I.S.D.
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Binkan Cinaroglu • Kuper Sotheby's Int'l Realty • (210) 241-4550