2/2 Duplex in San Antonio

652 N San Ignacio Ave, San Antonio, TX 78228
Asking Price
$150,000
Closing Date
03/07/2024
2 Bedroom(s)
2 Bathroom(s)
Renovation Estimate
$25,560
ARV Opinion
$240,000
House Area:
1278 sqft
Land Area:
5,750 sqft

Property Description

San Antonio Off-Market Opportunity: 2/2 Duplex

🏡 House Key Features:

    • Built in 1900
    • AC: Window Unit. Each unit has a Heating-AC system.
    • Roof: Asphalt
    • Foundation: Piers
    • Driveway Available per unit for 1 car each unit
    • Electrical meters are separate but water meter is shared. Chance to charge water back to tenants
    • Current rented for a total of $1380
    • Unit 1 – $750 (Lease expires Jan 2026)
    • Unit 2 – $630 (Lease expired Feb 2024)
    • Both units are 1 bedroom & 1 bathroom
    • Close to St. Mary’s University (2 blocks away)
    • Under Market Rents (market rents for 1/1 is about $800-$1000)
    • Delayed forced appreciation play when lease expires

 

🏡 General Property Features:

    • Survey: Currently unavailable
    • No Flood Zone
    • Zoning: MF-33 Multi-Family District
    • Legal Description: NCB 8305 BLK 17 LOT 49 AND 50
    • Property ID: 412680

 

🏡 Pictures: https://drive.google.com/drive/folders/1uuSqr8b59LOASHC3rXUn3i6woaNuQELj?usp=drive_link

Feel free to contact us to discuss for access or further details, reach out to us today! 

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