- Ron Tate, Broker,CRB,CRS,GRI,REALTOR ®,SFR
- By Referral Realty
- Mobile: 210.861.5730
- Office: 210.479.3948
- Fax: 210.479.3949
- rontate@taterealtypro.com
Property Photos
- MLS#: 1835419 ( Multi-Family (2-8 Units) )
- Street Address: 1108 Center St
- Viewed: 5
- Price: $375,000
- Price sqft: $230
- Waterfront: No
- Year Built: 1930
- Bldg sqft: 1628
- Days On Market: 19
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78202
- Subdivision: Near Eastside
- District: San Antonio I.S.D.
- Elementary School: Bowden
- Middle School: Tafolla
- High School: Brackenridge
- Provided by: eXp Realty
- Contact: Meghan Castro
- (210) 421-6473
- DMCA Notice
-
DescriptionDiscover an incredible investment opportunity in the highly desirable Dignowity Hill neighborhood! This property sits on an expansive 8,990 sqft lot one of the largest in the area and boasts THREE distinct structures, offering a combined 2,068 sqft of living space. Zoning & Permits * Type 2 short term rental (STR) permit already secured * Approved zoning variance for three units * All necessary permits in place for immediate use Main House (1,244 sqft) * Entirely renovated 2 bedroom, 2 bath home * Modern kitchen with new appliances * High end fixtures and finishes throughout * Bright and airy with 17 windows flooding the space with natural light * Brand new flooring * Spacious master bedroom with triple exposure windows (south, east, and west) Detached ADU (384 sqft) * 1 bedroom, 1 bath unit * Fully upgraded kitchen and living area * Ideal for generating short term rental income * Ready to rent or occupy immediately Additional Structure (440 sqft) * Framed building with updated foundation * Code compliant and ready for interior completion * Requires plumbing and interior finishes to unlock full potential * Minimal work needed for a high value return Prime Location * Oversized 8,990 sqft lot in Dignowity Hill * Convenient access to The Pearl, AT&T Center, and Fort Sam Houston * Quick access to I 35 Investment Highlights * Main house and ADU fully renovated in 2022 * STR income potential already established * Proven rental history: * Main house leased for $2,200/month * ADU generated up to $1,300/month * Potential monthly revenue of $4,800 with the third unit completed * Nearly 2,100 sqft of living space when fully finished! ** This property is perfect for investors, STR operators, or multi generational families. With the rare STR permit, zoning for three units, and existing income potential, it's a one of a kind opportunity in San Antonio. Maximize your returns with three separate revenue streams. Schedule a private showing today to see the possibilities for yourself!
Features
Possible Terms
- Conventional
- Cash
Air Conditioning
- Unit Central
Annual Operating Expense
- 15652
Apprx Age
- 95
Builder Name
- NA
Contract
- Exclusive Right To Sell
Days On Market
- 12
Dom
- 12
Elementary School
- Bowden
Exterior Features
- Siding
Flooring
- Ceramic Tile
- Laminate
Heat
- Central
- Other
Heating Fuel
- Electric
High School
- Brackenridge
Home Owners Association Mandatory
- None
Instdir
- Heading on I-35 N
- exit New Braunfels and turn R
- turn R on Center St
- and property is on your L side.
Legal Desc Lot
- 3 & E
Legal Description
- NCB 1379 BLK H LOT 3 & E 20.9 FT OF 2
Meters
- Common Water
- Common Electric
Middle School
- Tafolla
Net Operating Income
- 36188
Op Exp Includes
- Taxes
- Insurance
- Maintenance
- Management
- Licenses/Permits
Owner Lrealreb
- Yes
Ph To Show
- 800-746-9464
Property Type
- Multi-Family (2-8 Units)
Recent Rehab
- Yes
Roofing
- Metal
Salerent
- For Sale
School District
- San Antonio I.S.D.
Source Sqft
- Appsl Dist
Style
- One Story
Total Tax
- 6832.41
Water/Sewer
- City
Year Built
- 1930
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