
- 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#: 1850659 ( Multi-Family (2-8 Units) )
- Street Address: 207 Hermine
- Viewed: 41
- Price: $379,900
- Price sqft: $276
- Waterfront: No
- Year Built: 1953
- Bldg sqft: 1376
- Days On Market: 81
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78212
- Subdivision: Olmos Park Terrace
- District: San Antonio I.S.D.
- Elementary School: Rogers
- Middle School: Rogers
- High School: Edison
- Provided by: StepStone Realty, LLC
- Contact: Hiroki Irino
- (210) 802-7262
- DMCA Notice
-
DescriptionTurnkey duplex in the Olmos Park Terrace Historic District now even better for serious investors and house hackers! Both units are currently tenant occupied and generating strong rental income Unit 1 (2 bed, 1 bath) is newly leased at $2,000/month on a 1 year term, and Unit 2 (1 bed, 1 bath) is month to month at $1,800/month. That's a total of $3,800/month, hitting the sought after 1% rule for investment properties a rare find in today's market! Fully furnished and successfully operated as an Airbnb and corporate rental, this property has drawn steady demand from traveling professionals and short term guests. Recent improvements include a new roof, foundation work, updated plumbing, and electrical upgrades. All electric setup with one shared water heater. Located just 4 miles from Downtown San Antonio and close to The Quarry, Olmos Basin Park, HEB, USAA, and Southwest Research Institute, ensuring strong long term rental demand. Eligible for historic tax exemptions, helping maximize cash flow (2024 taxes with exemptions approx. $4,860.31). New list price: $379,900 to reflect recent investments made by the sellers. Seller Financing program is available via Third party program. Important showing instructions: Both units are occupied. To minimize disturbance to tenants, proof of funds or pre approval letter is required before scheduling a showing. 24 hour advance notice via ShowingTime is mandatory. Don't miss this cash flowing, move in ready duplex with rare flexibility for house hacking, midterm, or long term rentals! Serious inquiries only.
Features
Possible Terms
- Conventional
- FHA
- VA
- 1st Seller Carry
- TX Vet
- Cash
- Investors OK
- Other
Air Conditioning
- Multi-Unit Central
Annual Operating Expense
- 27217.82
Apprx Age
- 72
Builder Name
- Unknown
Construction
- Pre-Owned
Contract
- Exclusive Right To Sell
Days On Market
- 16
Dom
- 16
Elementary School
- Rogers
Energy Efficiency
- Programmable Thermostat
- Double Pane Windows
- Ceiling Fans
Exterior Features
- Siding
Flooring
- Ceramic Tile
- Laminate
Foundation
- Slab
Heat
- Central
Heating Fuel
- Electric
High School
- Edison
Home Owners Association Mandatory
- None
Instdir
- From I-410 to San Pedro Ave to W Hermine Blvd. Turn left onto W Hermine Blvd.
Legal Desc Lot
- 102
Legal Description
- NCB 9005 Hermine Subd
- Block 3 Lot 102 2023-New Per Plat 2
Meters
- Separate Electric
- Common Water
Middle School
- Rogers
Miscellaneous
- Historic District
Net Operating Income
- 14913.76
Op Exp Includes
- Taxes
- Insurance
- Maintenance
- Management
- Licenses/Permits
- All Utilities
- Services
- Miscellaneous
Owner Lrealreb
- No
Ph To Show
- 800-746-9464
Property Type
- Multi-Family (2-8 Units)
Roofing
- Composition
Salerent
- For Sale
School District
- San Antonio I.S.D.
Source Sqft
- Appraiser
Style
- One Story
Total Tax
- 6246.78
Utility Supplier Elec
- CPS Energy
Utility Supplier Gas
- Not in use
Utility Supplier Grbge
- City
Utility Supplier Sewer
- SAWS
Utility Supplier Water
- SAWS
Views
- 41
Water/Sewer
- City
Year Built
- 1953
Zoning
- R-4
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