- 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#: 1926651 ( Multi-Family (2-8 Units) )
- Street Address: 119 Bank
- Viewed: 7
- Price: $795,000
- Price sqft: $144
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 5510
- Days On Market: 9
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78204
- Subdivision: S Durango/probandt
- District: San Antonio I.S.D.
- Elementary School: Briscoe
- Middle School: Harris
- High School: Burbank
- Provided by: Keller Williams Legacy
- Contact: Arthur Sable
- (210) 986-1165
- DMCA Notice
-
Description119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building 6 Units: Three 1 bedroom apartments and three efficiencies. Middle Courtyard Row 3 Units: Two efficiencies and one 1 bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings 2 Units: * 3 bedroom/1 bath single family home. * Two story co living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.
Features
Possible Terms
- Cash
- Investors OK
Air Conditioning
- Window/Wall
Annual Operating Expense
- 43520.85
Apprx Age
- 76
Builder Name
- Unknown
Construction
- Pre-Owned
Contract
- Exclusive Right To Sell
Elementary School
- Briscoe
Exterior Features
- Siding
Flooring
- Ceramic Tile
- Laminate
Foundation
- Slab
Heat
- Window Unit
Heating Fuel
- Electric
High School
- Burbank
Home Owners Association Mandatory
- None
Instdir
- North on S. Flores and then a right on one Bank St.
Legal Desc Lot
- 1-2
Legal Description
- Ncb 3559 Blk A Lot 1-2
Meters
- Common Water
- Common Electric
- Common Gas
Middle School
- Harris
Net Operating Income
- 70299.15
Op Exp Includes
- Taxes
- Insurance
- Maintenance
- All Utilities
Owner Lrealreb
- No
Ph To Show
- 2109861165
Property Type
- Multi-Family (2-8 Units)
Recent Rehab
- No
Roofing
- Composition
Salerent
- For Sale
School District
- San Antonio I.S.D.
Source Sqft
- Appsl Dist
Style
- One Story
- Two Story
Total Tax
- 17852.32
Total Number Of Units
- 11
Year Built
- 1949
Property Location and Similar Properties
