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$ 645,000
Est. payment /mo
New
1110 ASHBY PL San Antonio, TX 78201-5700
7 Beds
7 Baths
3,802 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two Story
Listing Status Active
Purchase Type For Sale
Square Footage 3,802 sqft
Price per Sqft $169
MLS Listing ID 1932803
Style Two Story
Bedrooms 7
Full Baths 7
Year Built 1917
Annual Tax Amount $6,589
Lot Size 0.251 Acres
Acres 0.251
Property Sub-Type Two Story
Property Description
A rare opportunity to acquire a cash-flowing 7-unit multifamily asset in the rapidly growing Alta Vista / Beacon Hill corridor. This property delivers both immediate income and long-term appreciation, making it an ideal acquisition for yield-focused investors. The asset produces approximately $60,000 in net operating income, offering a 9.3% going-in cap rate and an 8.3% cap rate after tax reassessment-strong fundamentals by today's standards. Currently 5 of 7 units are occupied, providing built-in upside through lease-up and rent optimization. Strategically located just minutes from San Antonio College, The Pearl, and St. Mary's Strip, the property benefits from consistent rental demand driven by students, professionals, and urban renters seeking proximity to San Antonio's most active employment and lifestyle hubs.
Location
State TX
County Bexar
Area 0900
Zoning R6
Interior
Heating Window Unit
Cooling Other
Flooring Ceramic Tile
Exterior
Exterior Feature Siding
Garage Spaces 7.0
Roof Type Metal
Building
Sewer City
Water City
Schools
Elementary Schools Beacon Hill
Middle Schools Whittier
High Schools Jefferson
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Timothy Warlow • Keller Williams Boerne • (210) 818-9457
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