Welcome to 3307 Morales Street, a historic gem nestled in downtown San Antonio area, Texas. Location, location, location. The area is being recognized by investors for its central location and unbeatable investment opportunity. This Craftsman duplex, built in 1939, is located 10 minutes from the vibrant downtown Riverwalk. This duplex property presents an exceptional opportunity for savvy investors and DIY homeowners alike. One unit has had a full interior remodel, paint flooring, appliances, air conditioning, and more. The second unit (front 1939 Crafstman) unit needs some updating, as well as paint on the exterior and some yard work. This is a chance to continue increasing the value of this investment. Units currently have tenants. Net annual income from both units is $2,200. The Bexar County tax assessed value is $199K. Owner has listed the duplex below assessed value to allow room for new owner to continue with upgrades, paint and improvement to increase value with more sweat equity. Hurry, property wont last on the market, bring cash offers. Seller will consider owner financing at full price with large down payment.
Property Type :
One Story
Subdivision :
26th/zarzamora
County :
Bexar
Style :
One Story
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 SABOR MLS. All rights reserved.
ByOwner last updated this listing 05/19/2024 @ 01:34
MLS: 1772327
LISTED BY: Maria Dacia Parkins, Vortex Realty
SOURCE: SABOR - San Antonio
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
