Texas
San Antonio
432 S OLIVE ST

$625,000

432 S OLIVE ST, San Antonio, TX 78203

4,019 sqft

Multi-Family Home
Built in 1918
5,619sqft lot
—— car garage
$156/sqft
Listed 6 months ago

Property 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. 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 updated 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 units 1, 2, and 3, 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.

Listing Status:: Active
Date Added:: December 20, 2024 at 06:00AM
Listing Office:: Real Broker, LLC : (855) 450-0442
Listing Agent:: Sterling Williams : (210) 569-9008
MLS ID:: 1830647

Flooring: Vinyl
A/C: 3+ Window/Wall
Heating: CentralElectric

This listing courtesy of Sterling Williams, Real Broker, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Frederick Douglass Elementary School

318 Martin Luther King Dr, San Antonio, TX, 78203

Grades PK-5

0.20 miles away

Poe Middle School

814 Aransas Ave, San Antonio, TX, 78210

Grades 6-8

0.76 miles away

St Philip's College Early College High School With Saisd

1801 Martin Luther King Dr Rm 119, San Antonio, TX, 78203

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.