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$440,000

Beds
5
sq ft
3,327

803 W Russell Pl, San Antonio, TX 78212

803 W Russell Pl

San Antonio, TX 78212

  • 113 days on market
    • Price drop $20,000↓
Price is subject to the appraiser IF value is lower:) MAKE CASH FLOW ! 4plex with an extra unit of a three br 1ba guest house at the back for a total of 5 units! 4 out of 5 units are occupied and total income is $3491 You can finance it as a 4plex and get a residential loan with better terms and own 5 units! With the guest house and some expansion we did into two other units - note that sf is roughly now 3,327 sf subject to further evaluation. Owner pays the water bill for all tenants which is about $200a month. Tenants pay the electric. Potential to upgrade and renovate the units and get higher rents Rents for 4 units plus the guest house at the back. Except designated parking for the guest house at the back- there is street parking. The city divided the property to 803 and 805 W Russel. I did foundation work in 2024 with transferable warranty

Details

Property type

Est. home value

$415,465

Lot size

6,273 sq ft

Price per sq ft

$133

Year built

1940

Annual property taxes

$9,721

Price History

09/10/2024
SanAntonio

SanAntonio #1794639

Price change
$440,000
-4.35%
08/24/2024
SanAntonio

SanAntonio #1794639

Price change
$460,000
-4.17%
08/20/2024
SanAntonio

SanAntonio #1794639

Price change
$480,000
-4.95%

Schools & Community

Neighborhood: 

Alta Vista

Elementary school: 

Wright

Middle school: 

Tafolla

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

Civic Financial Services Llc

Loan start date

December 2020

Original loan amount

$232,500

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Commercial, 30 year

Seller

Idan Flips Llc

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: 11/09/2024 at 11:40 PM

Listing updated: 09/21/2024 at 2:11 AM

Listed by: Idan Zur, Fortune Realty LLC Phone #: (505) 480-3401

MLS: SanAntonio #1794639

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