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$ 898,000
Est. payment | /mo
6 Beds
5 Baths
3,914 SqFt
$ 898,000
Est. payment | /mo
6 Beds
5 Baths
3,914 SqFt
Key Details
Property Type Multi-Family
Sub Type Two Story
Listing Status Active
Purchase Type For Sale
Square Footage 3,914 sqft
Price per Sqft $229
MLS Listing ID 1938732
Style Two Story
Bedrooms 6
Full Baths 5
Year Built 1949
Annual Tax Amount $21,372
Lot Size 0.412 Acres
Acres 0.412
Property Sub-Type Two Story
Property Description
Positioned on an expansive 0.41-acre lot in the heart of Alamo Heights, this five-unit property presents a compelling investment opportunity with meaningful upside. The property includes four units in the main building plus one detached studio (Unit 5), which is currently not operational due to foundation considerations, offering potential for future value enhancement. Set between Broadway and Cambridge Oval, the location is a standout-highly walkable to local favorites like Merit Coffee, Bird Bakery, Paloma Blanca, and Cambridge Elementary, with Central Market and H-E-B just minutes away. The building offers classic character with original wood floors, natural light, and functional layouts. There is clear potential for a new owner to refresh, update, and optimize the property over time, creating increased income and long-term appreciation. Zoned MFD, the 0.41-acre lot provides flexibility for a variety of strategies. In addition to operating as a multi-family investment, buyers may explore redevelopment or increased density-subject to buyer verification, the City of Alamo Heights may allow up to nine units on the site. All zoning, development potential, and restrictions should be independently verified. Offered as-is, this is an opportunity to acquire a well-located asset with multiple paths to add value in one of San Antonio's most desirable neighborhoods.
Location
State TX
County Bexar
Area 1300
Zoning OCL
Interior
Heating Central
Cooling Three+ Central
Flooring Wood
Exterior
Exterior Feature Wood
Garage Spaces 5.0
Roof Type Composition
Building
Sewer City
Water City
Schools
Elementary Schools Cambridge
Middle Schools Alamo Heights
High Schools Alamo Heights
School District Alamo Heights I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Richard Whittemore • Christie's Int'l Real Estate • (512) 902-0883
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