417 Locust Contingent

San Antonio,TX 78212

$ 1090000

8 Beds

6 Baths

5024 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Contingent

Purchase Type For Sale

Square Footage 5,024 sqft

Price per Sqft $216

Subdivision Tobin Hill

MLS Listing ID 1809835

Style Two Story

Bedrooms 8

Full Baths 4

Half Baths 4

Construction Status Pre-Owned

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

Direction E

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

Construction Status Pre-Owned

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

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