
- 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
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- MLS#: 1848257 ( Multi-Family (2-8 Units) )
- Street Address: 340 Huisache E
- Viewed: 5
- Price: $935,000
- Price sqft: $268
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 3484
- Days On Market: 42
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78212
- Subdivision: Monte Vista
- District: San Antonio I.S.D.
- Elementary School: Call District
- Middle School: Call District
- High School: Call District
- Provided by: Keller Williams City-View
- Contact: Matthew Laird
- (210) 649-8013
- DMCA Notice
-
DescriptionWelcome to 340 E Huisache located in the coveted historical neighborhood of Monte Vista. This one of a kind triplex (two 2x1, one 1x1) is walking distance to countless restaurants and entertainment options. Additionally, it is easy to self manage, self clean, and offers a fantastic investment opportunity through a short, mid, or long term rental structure. This beautiful property has been meticulously cared for, has great bones, and had a number of upgrades completed over the years with the most recent being a new roof (Feb. '24) and new AC. Additional features include xeriscaped back yard, hot tub, carport, additional storage shed, covered deck, beautiful hard wood floors, abundance of natural light, in unit laundry, study, and sun room. The two main units are STR permitted with a true 5 star rating on over 100 reviews and are the gold standard for Airbnb investments. The top unit (2x1, 1,500 sqft) is a well established and very popular STR that brings back repeat customers year after year and brings in $60k gross per year. The bottom unit (2x1, 1,500 sqft), previously used as personal unit, began STR in November with excellent results so far. With the addition of the efficiency, the estimated annual gross revenue is $120k, with NOI of nearly $75k putting this at an 8% cap rate. Furniture is negotiable. Seller has STR application material for subsequent ownership. Owner financing option available: 20% down, 5 year balloon, 30 year amortization, 5.75% interest, buyer pays for property tax and insurance.
Features
Possible Terms
- Conventional
- FHA
- VA
- 1st Seller Carry
- Cash
Air Conditioning
- Multi-Unit Central
Annual Operating Expense
- 45154
Apprx Age
- 98
Builder Name
- Unknown
Construction
- Pre-Owned
Contract
- Exclusive Right To Sell
Days On Market
- 121
Dom
- 14
Elementary School
- Call District
Exterior Features
- Stucco
Flooring
- Ceramic Tile
- Wood
Heat
- Central
Heating Fuel
- Electric
High School
- Call District
Home Owners Association Mandatory
- None
Instdir
- 2 blocks east of McCullough
Legal Desc Lot
- 10
Legal Description
- Ncb 3088 Blk 4 Lot 10
Meters
- Separate Electric
- Separate Gas
- Common Water
Middle School
- Call District
Miscellaneous
- Historic District
Net Operating Income
- 74846
Op Exp Includes
- Taxes
- Insurance
- Maintenance
- All Utilities
- Miscellaneous
- Other
Other Structures
- Shed(s)
Owner Lrealreb
- No
Ph To Show
- 210-222-2227
Property Type
- Multi-Family (2-8 Units)
Recent Rehab
- Yes
Roofing
- Composition
Salerent
- For Sale
School District
- San Antonio I.S.D.
Source Sqft
- Appsl Dist
Style
- Two Story
- Historic/Older
Total Tax
- 16690.59
Utility Supplier Elec
- CPS
Utility Supplier Gas
- CPS
Utility Supplier Water
- SAWS
Water/Sewer
- City
Year Built
- 1927
Property Location and Similar Properties