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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 4,964 sqft
Price per Sqft $125
Subdivision Glen Oaks Park
MLS Listing ID 1588615
Sold Date 03/31/22
Style Two Story
Bedrooms 8
Full Baths 8
Half Baths 4
Construction Status Pre-Owned
Year Built 1983
Annual Tax Amount $11,649
Lot Size 9,975 Sqft
Property Description
Looking for a low maintenance solid fourplex with upgrades? This medical center property has been redone from top to bottom and covered all of the mechanical components to bring it up to currant City of San Antonio codes and more, all within the last 4 months. Each unit received a new 14 Seer Complete a/c system with a 10 year manufacturers warranty, plus a new water heater with warranty and all the code upgrades. All electrical panels where replaced inside and out and all new arc fault protected plugs, gfc's and switches. The interiors all received a major upgrade with new cabinets in the kitchen, bathrooms and a built in study area. Granite was added to the kitchen, bathrooms and study area. Each unit received new stainless steel appliances including microwave, stove, dishwasher and fridge, even the garbage disposals are new. Vinyl plank flooring was installed throughout the first floor and then the laundry area and bathrooms upstairs. All light fixtures and ceiling fans are new as well in each unit. This unit offers years of easy low maintenance expenses if any because everything within these units is new. The properties are also fully Texas Property Code 92 compliant and well qualified tenants placed in each unit. Lawn maintenance, taxes, insurance, property management, water, trash and a/c filter service total $24,110 in Annual Operating Expenses giving this property a CAP Rate slightly below 7%.
Location
State TX
County Bexar
Area 0400
Interior
Heating Central
Cooling Three+ Central
Flooring Carpeting, Vinyl
Exterior
Exterior Feature 4 Sides Masonry, Stucco
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Slab
Construction Status Pre-Owned
Schools
Elementary Schools Glenoaks
Middle Schools Neff Pat
High Schools Holmes Oliver W
School District Northside
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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