432 S OLIVE ST

San Antonio, TX 78203
$650,000
1 bath | #1830647
For Sale

Description

Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen complete with a full appliance package. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including all-new electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal.The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.
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  • Property Details
      • Bathrooms:1
      • Full Baths:1
      • Property type:Multi-Family
      • MLS #:1830647
      • Cost:650000
      • Property subtype:Two Story
      • MLS #:1830647

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Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.

Last Updated: . Source: SABOR

Listing Courtesy
Listing Agent: Sterling Williams
Listing Office: Real

Amy RitchieReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.