513 Lamar St, San Antonio, TX 78202

Property Description

RARE INVESTMENT OPPORTUNITY IN HISTORIC DIGNOWITY HILL! Zoning allows conversion to MULTI-UNIT opportunity. Investors, developers, and savvy buyers, this is the opportunity you've been waiting for! Unlock the potential of this early 1900s historic property in the highly desirable Dignowity Hill neighborhood, just minutes from Downtown San Antonio. Offering a unique combination of historic character, redevelopment potential, and an exceptional location, this property is ideal for investors seeking a value-add opportunity, developers looking for their next multifamily project, or owner-occupants interested in house hacking and generating supplemental rental income. The home showcases original hardwood floors, timeless architectural details, and vintage charm that give it the distinctive character today's historic home buyers appreciate. The real opportunity lies in the RM-4 zoning, which creates exciting possibilities for multifamily development and additional residential units, with potential for up to four units subject to applicable zoning, permitting, and development requirements. Rear alley access adds another valuable advantage, offering flexibility for site planning, potential additional structures, and future development. Whether your vision is a multi-unit rental property, long-term buy-and-hold investment, renovation project, or redevelopment opportunity, the possibilities here deserve serious consideration. Located in one of San Antonio's historically significant and evolving neighborhoods, Dignowity Hill offers convenient access to Downtown San Antonio, the Pearl District, St. Paul Square, the River Walk, local restaurants, nightlife, entertainment, and major employment centers. Enjoy the character of an established historic neighborhood while benefiting from proximity to the city's ongoing East Side growth and revitalization. Opportunities to acquire a historic property with multifamily zoning, alley access, and this level of development potential so close to Downtown San Antonio are increasingly hard to find. Don't miss your chance to secure a property with multiple potential exit strategies and the opportunity to create substantial long-term value. Whether you're an experienced investor, first-time investor, builder, or developer, this is your chance to capitalize on the possibilities of Dignowity Hill. Bring your vision, explore the potential, and schedule your private showing today before this unique San Antonio investment opportunity is gone!