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$290,000

Beds
6
sq ft
2,516

341 Avondale Ave, San Antonio, TX 78223

341 Avondale Ave

San Antonio, TX 78223

  • 38 days on market
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.

Details

Property type

Lot size

9,801 sq ft

Price per sq ft

$116

Year built

1942

Annual property taxes

$3,792

Price History

11/14/2024
SanAntonio

SanAntonio #1823327

Listed
$290,000

Schools & Community

Neighborhood: 

Hot Wells

Elementary school: 

Ball

Middle school: 

Hot Wells

High school: 

Highlands

School district: 

San Antonio I.S.D.

Status: Active

Tomo last checked: 12/22/2024 at 8:35 AM

Listing updated: 12/02/2024 at 4:52 PM

Listed by: Rayenari Suarez, K&E Realty Phone #: (210) 897-2070

MLS: SanAntonio #1823327

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