Welcome to the beautifully restored property at 417 E Locust, offering investment stability through cash flow, revenue growth, location, and rental demand. This property was taken down to the studs and had a full restoration completed in 2019-2020, including new hard wood flooring, drywall, full paint, full bath remodel, full kitchen remodel, new appliances, counter tops, washer/dryer in each unit, roof (2024), artificial turf, paved parking, and spray insulation, to name a few. Zoned MF-33, the seller has also paid for and will transfer architectural/engineering plans for a duplex that can be added in the back of the property ($10k value). There is an active STR permit and all furniture will convey in the sale upon request of buyer. Lastly, one of the property's most attractive qualities is its ease of management--perfect for short, mid, or long-term rental, or a combination of the three, depending on your investment strategy.
MLS# | 1809835 |
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Listing Type | For Sale |
Style | House |
Status | Active Option |
Year | 1945 |
Days On Site | 116 |
Listing Provided By | Keller Williams City-View | Matthew Laird |
SQ Feet | 5,024 |
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Units | 4 |
Acreage | 0.21 |
State | TX |
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County | Bexar |
City | San Antonio |
Zip Code | 78212 |
Area | Bexar |
Community Name | TOBIN HILL |
School District | San Antonio I.S.D. |
Elementary School | Call District |
Middle School | Call District |
High School | Call District |
Listing VS Median (in TOBIN HILL) | |
Price: $1,090,000 low | high Med: $2,700 SqFt: 5,024 low | high Med: 1,822 $ / SqFt: $217 low | high Med: $1 On Site: 116 low | high Med: 85.500000 |