Headshot for Associate Ron Tate
  1. Ron Tate, Broker,CRB,CRS,GRI,REALTOR ®,SFR
  2. By Referral Realty
  3. Mobile: 210.861.5730
  4. Office: 210.479.3948
  5. Fax: 210.479.3949
  6. rontate@taterealtypro.com
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Property Photos
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  • MLS#: 1894289 ( Multi-Family (2-8 Units) )
  • Street Address: 227 Grimes
  • Viewed: 26
  • Price: $896,000
  • Price sqft: $206
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 4356
  • Days On Market: 17
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78203
  • Subdivision: E Houston So To Hedgessa
  • District: San Antonio I.S.D.
  • Elementary School: Smith
  • Middle School: Poe
  • High School: lands
  • Provided by: David A Ortiz
  • Contact: Guy Rubio
  • (210) 264-3639
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Fully Leased 4 Plex Prime Turnkey Investment Near Downtown San Antonio An exceptional opportunity awaits with this fully occupied and newly constructed four unit property, perfectly positioned just 2.2 miles from San Antonio River Walk. Whether you're seeking immediate cash flow or a strategic addition to your rental portfolio, this turnkey asset delivers on all fronts. Each unit offers 1,089 square feet of modern living space, complete with 3 bedrooms and 2.5 baths. Designed with functionality and style in mind, interiors feature open layouts, contemporary kitchens, light wood style flooring, and updated bathrooms ideal for low maintenance ownership. Each residence includes its own private driveway and covered carport, providing added convenience for tenants or future short term guests. The property is just one block from St. Philip's College and minutes from the Alamo Dome, Frost Bank Center, Freeman Coliseum, AT&T Center, Fort Sam Houston, and major highways like I 35 and I 10. Downtown, the River Walk, and The Alamo are also just a short drive away. Whether you're interested in long term rentals or exploring Airbnb income potential, this fully leased 4 plex combines strong location, modern construction, and immediate revenue in one of San Antonio's most accessible and developing neighborhoods.
Features
Possible Terms
  1. Conventional
  2. FHA
  3. VA
  4. Cash
Air Conditioning
  1. Unit Central
Annual Operating Expense
  1. 18606.02
Block
  1. 27
Builder Name
  1. A & I HOMES
Construction
  1. Pre-Owned
Contract
  1. Exclusive Right To Sell
Days On Market
  1. 11
Dom
  1. 11
Elementary School
  1. Smith
Exterior Features
  1. Siding
Flooring
  1. Carpeting
  2. Vinyl
Foundation
  1. Slab
Heat
  1. Central
Heating Fuel
  1. Electric
High School
  1. Highlands
Home Owners Association Mandatory
  1. None
Instdir
  1. Corner of Wyoming & Grimes
Legal Desc Lot
  1. 14
Legal Description
  1. NCB 1462 BLK 27 LOT 14
Meters
  1. Separate Electric
  2. Separate Water
Middle School
  1. Poe
Miscellaneous
  1. Home Service Plan
  2. Bldr 10yr Warranty
Net Operating Income
  1. 50993.98
Op Exp Includes
  1. Taxes
  2. Insurance
  3. Other
Owner Lrealreb
  1. No
Ph To Show
  1. 210-222-2227
Property Type
  1. Multi-Family (2-8 Units)
Recent Rehab
  1. No
Roofing
  1. Composition
Salerent
  1. For Sale
School District
  1. San Antonio I.S.D.
Source Sqft
  1. Appsl Dist
Style
  1. Two Story
  2. Contemporary
Total Tax
  1. 17081.02
Utility Supplier Elec
  1. CPS
Utility Supplier Grbge
  1. CITY
Utility Supplier Sewer
  1. SAWS
Utility Supplier Water
  1. SAWS
Views
  1. 26
Water/Sewer
  1. City
Year Built
  1. 2024
Zoning
  1. RM-4