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Est. payment /mo
8 Beds
8 Baths
5,510 SqFt
Pending
119 Bank San Antonio, TX 78204
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Key Details
Property Type Multi-Family
Sub Type One Story
Listing Status Pending
Purchase Type For Sale
Square Footage 5,510 sqft
MLS Listing ID 1926651
Style One Story
Bedrooms 8
Full Baths 8
Year Built 1949
Annual Tax Amount $17,852
Lot Size 9,626 Sqft
Acres 0.221
Property Sub-Type One Story
Property Description
119 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.
Location
State TX
County Bexar
Area 1100
Interior
Heating Window Unit
Cooling Window/Wall
Flooring Ceramic Tile, Laminate
Exterior
Exterior Feature Siding
Garage Spaces 7.0
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools Briscoe
Middle Schools Harris
High Schools Burbank
School District San Antonio I.S.D.
Others
Acceptable Financing Cash, Investors OK
Listing Terms Cash, Investors OK

Listed by Arthur Sable • Keller Williams Legacy • (210) 986-1165
NEARBY SCHOOL & BUSINESS
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