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$420,000

Beds
4
sq ft
2,658

531 W Gramercy Pl, San Antonio, TX 78212

531 W Gramercy Pl

San Antonio, TX 78212

  • 47 days on market
**Premier Triplex Investment Opportunity in Alta Vista/Monte Vista** Presenting 531 W. Gramercy Pl., San Antonio, TX 78212-a maintained two-story triplex situated in the highly coveted Alta Vista/Monte Vista neighborhood. Spanning a total of 2,658 square feet on a .1489 acre lot, this property features three actively leased units, collectively generating $33,000 annually. The layout includes two 750 square foot 1-bedroom, 1-bathroom units on the first level, and a more spacious 1,158 square foot 2-bedroom, 1-bathroom unit on the second level. Recent property enhancements include foundation work and new drywall installation throughout, ensuring a turnkey solution for any investor. On-site gravel parking and ample street parking available. Each unit has their own electric meter. Located near prestigious educational institutions such as Trinity University, University of the Incarnate Word, and San Antonio College, and less than 4 miles from Central Downtown San Antonio and the San Antonio Riverwalk, this location is prime for attracting high-quality tenants. Offered at CAD value, this property is a rare find in a sought-after area.

Details

Property type

Est. home value

$485,534

Lot size

6,490 sq ft

Price per sq ft

$159

Year built

1925

Annual property taxes

$10,474

Price History

05/22/2024
SanAntonio

SanAntonio #1777365

Listed
$420,000

Schools & Community

Neighborhood: 

Alta Vista

Elementary school: 

Cotton

Middle school: 

Mark Twain

High school: 

Edison

School district: 

San Antonio I.S.D.

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Terravista Mortgage Lp

Loan start date

June 2007

Original loan amount

$148,000

Est. remaining balance

Not provided

Interest rate

6.22%

Loan type

Purchase Money Mortgage, 30 year

Seller

Christopher Charles Campbell and L Colette Campbell

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/08/2024 at 2:15 AM

Listing updated: 06/17/2024 at 12:23 PM

Listed by: Brian Curtis, JB Goodwin, REALTORS Phone #: (210) 581-9050

MLS: SanAntonio #1777365

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