Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $4,050/month in day-one income from Units 2 and 4 (currently leased to 5 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Units 1 and 3 fully vacant and Unit 4 having one additional vacant room - giving a buyer 7 vacant bedrooms total ready to generate immediate upside. OPTION 1: Lease Units 1 and 3 the traditional way at $1,350/month each and fill the remaining vacant room in Unit 4, bringing total gross monthly income to $7,550 (a potential $90,600 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 7 vacant bedrooms individually at $800/month each for a total gross monthly income of $9,650 (a potential $115,800 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out Unit 3 traditionally plus fill the vacant room in Unit 4, for a total gross monthly income around $6,200 ($74,400 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting out every other bedroom on the property by-the-room, generating approximately $8,850/month ($106,200 annually) toward your housing costs and beyond. Ideally located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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