1. Cynthia Acosta, ABR,GRI,REALTOR ®
  2. Premier Realty Group

119 Bank , San Antonio, TX 78204

Priced at Only: $795,000

Would you like to sell your home before you purchase this one?

  • MLS#: 1926651 ( Multi-Family (2-8 Units) )
  • Street Address: 119 Bank
  • Viewed: 134
  • Price: $795,000
  • Price sqft: $144
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 5510
  • Days On Market: 32
Description
119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building 6 Units: Three 1 bedroom apartments and three efficiencies. Middle Courtyard Row 3 Units: Two efficiencies and one 1 bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings 2 Units: * 3 bedroom/1 bath single family home. * Two story co living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.
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Features
Building and Construction
  • Apprx Age: 76
  • Builder Name: Unknown
  • Construction: Pre-Owned
  • Exterior Features: Siding
  • Flooring: Ceramic Tile, Laminate
  • Foundation: Slab
  • Roofing: Composition
  • Source Sqft: Appsl Dist
  • Total Number Of Units: 11
School Information
  • Elementary School: Briscoe
  • High School: Burbank
  • Middle School: Harris
  • School District: San Antonio I.S.D.
Utilities
  • Air Conditioning: Window/Wall
  • Heat: Window Unit
  • Heating Fuel: Electric
  • Meters: Common Water, Common Electric, Common Gas
  • Recent Rehab: No
Finance and Tax Information
  • Annual Operating Expense: 43520.85
  • Days On Market: 30
  • Home Owners Association Mandatory: None
  • Net Operating Income: 70299.15
  • Total Tax: 17852.32
Other Features
  • Contract: Exclusive Right To Sell
  • Instdir: North on S. Flores and then a right on one Bank St.
  • Legal Desc Lot: 1-2
  • Legal Description: Ncb 3559 Blk A Lot 1-2
  • Op Exp Includes: Taxes, Insurance, Maintenance, All Utilities
  • Ph To Show: 2109861165
  • Salerent: For Sale
  • Style: One Story, Two Story
  • Views: 134
Owner Information
  • Owner Lrealreb: No

Contact Info

Headshot for Associate Cynthia Acosta
  1. Cynthia Acosta, ABR,GRI,REALTOR ®
  2. Premier Realty Group
  3. Mobile: 210.260.1700
  4. Mobile: 210.260.1700
  5. cynthiatxrealtor@gmail.com
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