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307 Montrose St San Antonio, TX 78223
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Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,883 sqft
Price per Sqft $159
Subdivision Hotwells
MLS Listing ID 1726567
Sold Date 12/29/23
Style One Story
Bedrooms 4
Full Baths 2
Construction Status Pre-Owned
Year Built 1919
Annual Tax Amount $5,200
Lot Size 10,497 Sqft
Property Description
Great duplex with each unit including 2 beds/1 bath, as well as inside laundry rooms, providing convenience to the tenants. Both units share common electrical/water meters (owner paid all utilities) & come equipped with gas cooktop/stoves, microwaves and refrigerators making them ready for immediate use. Unit 2 only inclds washer/drier. Gas water heaters and each unit has their own breaker box, A/Cs are 3 years old; stoves are 1 year old; refrigerators are 3 years old; New natural gas lines installed 2023. New plumbing (in crawlspace) from house to sewer installed 2023. There are mature trees and a spacious backyard including privacy fence & car port. Unit 1 vacated in July & Unit 2 in Sept for work on sewer. The property has been income producing, generating a gross annual income of $33,900 and with operating expense of $16,200, this duplex presents as a great investment opportunity.
Location
State TX
County Bexar
Area 1900
Interior
Heating Central, 2 Units
Cooling Unit Central, Two Central
Flooring Ceramic Tile, Wood, Laminate
Exterior
Exterior Feature Wood
Garage Spaces 4.0
Roof Type Composition
Building
Construction Status Pre-Owned
Schools
Elementary Schools Ball
Middle Schools Connell
High Schools Highlands
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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