119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
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$795,000
Est. payment /mo
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8 Beds
8 Baths
5,510 SqFt
Pending

119 Bank San Antonio, TX 78204

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Evan Rayborn

Evan Rayborn

+1(210) 878-5090

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Pending

Purchase Type For Sale

Square Footage 5,510 sqft

Price per Sqft $144

Subdivision S Durango/Probandt

MLS Listing ID 1926651

Style One Story

Bedrooms 8

Full Baths 8

Construction Status Pre-Owned

Year Built 1949

Annual Tax Amount $17,852

Lot Size 9,626 Sqft

Property Sub-Type Multi-Family (2-8 Units)

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

Construction Status Pre-Owned

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

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Arthur Sable • Keller Williams Legacy • (210) 986-1165

NEARBY SCHOOL & BUSINESS

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119 Bank

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