Price Reduction
Address
3118 W Gerald Ave San Antonio, TX
Price
$ 577,800
Property Attributes
  • MLS#1559457
  • TypeMulti-Family
  • CountyBEXAR
  • CitySan Antonio
  • Area2200
  • Zip78211
  • StyleMulti-Family (2-8 Units)
  • Year Built1913
  • Taxes$ 8302
  • Price$ 577,800
  • Bedrooms0
  • Full Bathrooms6
  • Half Bathrooms0
Listing Provided Courtesy Of:
Hillary Romero at White Line Realty
Data Source:
San Antonio (SABOR) - 136 - TX
Property Description

This is a great 7 unit apartment complex for an investor looking to cash flow. All units are currently rented, no vacancies and everyone is on a lease until 4/30/2022. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 2 years ago. Shed on the property for additional storage or potential 8th unit and property has been fully stabilized with monthly NOI of $3,719. We are selling at a 7.5 cap rate. This property won't last long! See it today.

Elementary School Middle School High School
Call District Elementary School Call District Middle School Call District High School
Price History
9/13/2021 Listed $594,800
9/30/2021 2% - $588,800
10/18/2021 2% - $582,800
11/9/2021 1% - $577,800

General Features

Annual Operating Expense 23292
Builder UNKNOWN
Class Multi-Family (2-8 Units)
Cooling Window/Wall, Two Window/Wall
Elementary School Call District
Flooring Carpeting, Vinyl, Laminate
Heating None
High School Call District
Hoa Mandatory None
Legal Description NCB 8740 BLK 1 LOT 1
Listing Area 2200
Middle School Call District
Proposed Terms Conventional, FHA, VA, Cash
School District CALL DISTRICT
Status Active
Subdivision N/A
Taxes 8302.21
Type Two Story
U1 #parking Spaces 1
U1 Bdrm 1
U1 Fulls Baths 1
U1 Handicap Access No
U1 Park Type Pad
U1 Rent 785
U2 #parking Spaces 1
U2 Bdrm 1
U2 Full Baths 1
U2 Handicap Access No
U2 Park Type Pad
U2 Rent 790
U3 #parking Spaces 1
U3 Bdrm 1
U3 Full Baths 1
U3 Handicap Access No
U3 Park Type Pad
U3 Rent 770
U4 #parking Spaces 1
U4 Bdrm 1
U4 Full Baths 1
U4 Handicap Access No
U4 Park Type Pad
U4 Rent 820
U5 #parking Spaces 1
U5 Bdrm 2
U5 Full Baths 1
U5 Handicap Access No
U5 Park Type Pad
U5 Rent 840
U6 #parking Spaces 1
U6 Bdrm 2
U6 Full Baths 1
U6 Handicap Access No
U6 Park Type Pad
U6 Rent 820
U7 #parking Spaces 1
U7 Bdrm 1
U7 Full Baths 1
U7 Handicap Access No
U7 Park Type Pad
U7 Rent 785
Year Built 1913
Zoning MF-33

Interior Features

Heating Fuel Natural Gas

Exterior Features

Exterior Siding
Meters Common Water, Common Electric, Common Gas
Roofing Composition
Water/Sewer City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 78211

Price
AVG $290K
$580K
Taxes
AVG $4,224
$8,302
Visits
AVG 44
84
Year Built
AVG 1930
1913
Walkscore
AVG 56
63
Data Provided by Walkscore ® not using MLS data

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