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400 LYNWOOD AVE San Antonio, TX 78212-2234
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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 4,641 sqft
Price per Sqft $215
Subdivision Alta Vista
MLS Listing ID 1753927
Sold Date 07/26/24
Style Two Story
Bedrooms 8
Full Baths 8
Year Built 1934
Annual Tax Amount $22,240
Lot Size 9,234 Sqft
Property Description
Beautiful, 8-unit, fully occupied corner lot in the desirable neighborhood of Alta Vista. MF-33 zoning with parking! Properties like this don't come available very often. All units are 1 bedroom 1 bathroom with hardwood floors, central HVAC, updated kitchens and all units are in great shape. New Roof (May 2024), 7 out of the 8 HVAC units were replaced in 2022 and the other one is a few years old. Most rents range from $865-$910 so there is room for rent increases across the board. Tenants pay water and electricity, and owner only pays for garbage which the new owner could add into their next lease renewal. There is a coin operated separate laundry facility on site. This property always stays rented and is a fully turnkey investment, with value-add opportunity for anyone looking for a solid long-term investment.
Location
State TX
County Bexar
Area 0900
Zoning MF-33NCD-2
Direction W
Interior
Heating Central
Cooling Multi-Unit Central
Flooring Ceramic Tile, Wood
Exterior
Exterior Feature Stucco
Garage Spaces 8.0
Roof Type Flat
Building
Sewer City
Water City
Schools
Elementary Schools Call District
Middle Schools Call District
High Schools Call District
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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