Homes for sale - 432 S Olive, San Antonio, TX 78203

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Phyllis Domingo

realtorphyllisdomingo@gmail.com +1(210) 744-5478

$ 615,000

Est. payment | -/mo

8 Beds

5 Baths

4,019 SqFt

Save

$ 615,000

Est. payment | -/mo

Save

8 Beds

5 Baths

4,019 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,019 sqft

Price per Sqft $153

Subdivision Denver Heights

MLS Listing ID 1877733

Style Two Story

Bedrooms 8

Full Baths 5

Year Built 1918

Annual Tax Amount $12,793

Lot Size 5,619 Sqft

Property Sub-Type Multi-Family (2-8 Units)

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, along with numerous dining and shopping options, is 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.

Location

State TX

County Bexar

Area 1200

Zoning RM-4

Interior

Heating Central

Cooling 3+ Window/Wall

Flooring Vinyl

Exterior

Exterior Feature Cement Fiber

Garage Spaces 4.0

Roof Type Composition

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, VA, Cash, Investors OK

Listing Terms Conventional, FHA, VA, Cash, Investors OK

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Sterling Williams • Real Broker, LLC • (210) 569-9008

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 744-5478

realtorphyllisdomingo@gmail.com

432 S Olive San Antonio, TX 78203