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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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305 W Poplar St , San Antonio, TX 78212
$499,000
Est. Payment: $1,108.89/mo
9 Bed
7 Bath
7356 Sqft
Status: Active | Days on site: 11
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House Description

Seven units across three separate buildings near Tobin Hill! Located near Methodist Hospital Metropolitan, San Antonio College, downtown and the Pearl, this property offers historic character, a versatile unit mix and the opportunity to restore an income-producing property in central San Antonio. Nearby medical employers, educational institutions, restaurants and entertainment add appeal for future residents. Situated on an approximately one-third-acre lot with C-1 zoning, the property includes a duplex with two 2-bedroom/1-bath residences, a fourplex with four 1-bedroom/1-bath apartments, and a detached 1-bedroom/1-bath residence at the rear. Ample rear parking and additional street parking complement the three-building configuration. Covered porches, balconies, original wood flooring and classic architectural details showcase the property's character. Select improvements include updated electrical in some units and quartz countertops in some kitchens and bathrooms. All seven units are currently vacant. The fourplex sustained significant fire damage, primarily involving the two upstairs units, and requires extensive rehabilitation. The complete extent of damage and repair costs have not been determined. For investors prepared to undertake the restoration, the existing residences, generous lot and proximity to central San Antonio destinations offer an opportunity to build long-term rental income. REO property sold AS-IS.

Highlights

Listed by Nicholas Martin , (210) 663-4422 Virtuous Properties, LLC , (210) 663-4422.

Property Type

Multi-Family

Lot/Acreage
0.33

Year Built

1926

County

Bexar

Area

0900

Neighborhood

Tobin Hill

School District

San Antonio I.S.D.

Listing ID

2015137

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:7
  • Full Bathrooms:7
Air Cond:Window/Wall
Fireplaces:
Floor:Wood
Water:SAWS

Exterior Features

Zoning:C-1
Roof:Metal
Others:
  • Additional:Covered Patio, Has Gutters, Mature Trees, Detached Quarters, Level
Sewer:City
Principal Interest
$1,109
Taxes
$1,698

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
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Monthly Price:
$1,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,108.89 $1,698.17 $0.00 $2,807.06
Yearly $13,306.67 $20,378.00 $0.00 $33,684.67
Total $399,200.00 $611,340.00 $0.00 $1,010,540.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (San Antonio, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.