341 Avondale Avenue
$290,000
—
2,516
2,516
$115
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Description
Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom,...Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. The seller also offers owner financing with an attractive interest rate, a five-year balloon, and no prepayment penalty-making it easier to capitalize on this rare find. Don't miss out on this fantastic investment in a property with boundless income potential.
- Listed by Rayenari Suarez • TREC #676429 • K&E Realty • Ray@KandERealty.com
Property Details for 341 Avondale Avenue
School District
San Antonio I.S.D.
SubdivisionHotwells
ZoningMF33
ExteriorSiding
LISTING UPDATED: 11/15/2024 10:37 AM
Property Details for 341 Avondale Avenue
Status | New |
---|---|
MLS # | 1823327 |
Days on Market | 3 |
Taxes | $3,792 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / One Story |
Year Built | 1942 |
Lot Size | 0.23 AC / 9,801 SF |
County | Bexar County |
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Building Information for 341 Avondale Avenue
Stories-Residences4Year Built1942Building Size-Lot Size0.23 AC / 9,801 SF
Property Information for 341 Avondale Avenue
Property History for 341 Avondale Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 341 Avondale Avenue
Taxable ValueLand$59,880Additions$95,540Total$155,420
Tax Record2023$4,238 ($353 / month)
Home Facts
Baths2Total Finished SqFt1,836 SqFtAbove Grade Finished SqFt1,836 SqFtStories1Lot Size9,800 SqFtStyleDuplexYear Built1942CountyBEXARAPN07628-003-0420
Schools near 341 Avondale Avenue
This home is within San Antonio Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Charles C Ball Elementary School CharterPK to 5 | ||
HOT WELLS MIDDLE Public6 to 8 | ||
Highlands High School Public9 to 12 | ||
Connell Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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