707 W Craig Pl, San Antonio, TX 78212

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List Price
$345,000
Price Change
▼ $5,000 1789847815
MLS#
2000762
Status
PRICE CHANGE
Number of Units
3
County
Bexar
City
San Antonio
Subdivision
Alta Vista
Living Area
1,754
Acres
0.10

Property Description

Rare opportunity to own a renovated income-producing property with three separate rental units on one lot. This unique property features a 2-bedroom home at the front of the lot plus a rear duplex consisting of a 1-bedroom unit and a 2-bedroom unit, providing three separate residences and multiple income streams. The property is currently fully leased, generating approximately $3,235 per month in rental income, or $38,820 annually. With three units on one property, this is an attractive opportunity for investors seeking immediate rental income, diversification across multiple tenants, and the potential for future rental growth. Extensive renovations have been completed over the past several years, including new roofs, significantly improving the property's condition and reducing the need for major near-term capital expenditures. The property also appears to offer approximately 2,300 square feet of total living space, which is greater than the square footage currently reflected in tax assessor records. Buyer and buyer's agent should independently verify square footage, permitted use, unit configuration, zoning, and all other property information. With three residences, existing rental income, substantial improvements, and additional potential to increase income over time, this property offers a unique combination of cash flow, flexibility, and long-term investment potential.

Additional Information

Days on Market
66
Year Built
1929
Builder Name
Unknown
Cooling
Unit Central, Window/Wall, Two Central, Two Window/Wall
Heating
Window Unit
Exterior Features
Mature Trees
Exterior
Cement Fiber
Roof
Composition
Floor
Carpeting, Linoleum, Laminate
School District
San Antonio I.S.D.
Elementary School
Cotton
Middle School
Cotton
High School
Edison

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeff Smith (sasmithgroup@gmail.com) from Listing Office: San Antonio Elite Realty.

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