340 Huisache new Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78212
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 3,484 sqft
Price per Sqft $268
Subdivision Monte Vista
MLS Listing ID 1848257
Style Two Story
Bedrooms 5
Full Baths 3
Construction Status Pre-Owned
Year Built 1927
Annual Tax Amount $16,690
Lot Size 8,363 Sqft
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Welcome to 340 E Huisache located in the coveted historical neighborhood of Monte Vista. This one-of-a-kind triplex (two 2x1, one 1x1) is walking distance to countless restaurants and entertainment options. Additionally, it is easy to self-manage, self-clean, and offers a fantastic investment opportunity through a short, mid, or long-term rental structure. This beautiful property has been meticulously cared for, has great bones, and had a number of upgrades completed over the years with the most recent being a new roof (Feb. '24) and new AC. Additional features include xeriscaped back yard, hot tub, carport, additional storage shed, covered deck, beautiful hard wood floors, abundance of natural light, in-unit laundry, study, and sun-room. The two main units are STR permitted with a true 5 star rating on over 100 reviews and are the gold standard for Airbnb investments. The top unit (2x1, 1,500 sqft) is a well-established and very popular STR that brings back repeat customers year after year and brings in $60k/year. The bottom unit (2x1, 1,500 sqft), previously used as personal unit, began STR in November with excellent results so far. With the addition of the efficiency, the estimated annual gross revenue is $120k, with NOI of nearly $75k putting this at an 8% cap rate. Furniture is negotiable. Seller has STR application material for subsequent ownership. Owner financing option available: 20% down, 5 year balloon, 30 year amortization, 5.75% interest, buyer pays for property tax and insurance.
Location
State TX
County Bexar
Area 0900
Direction E
Interior
Heating Central
Cooling Multi-Unit Central
Flooring Ceramic Tile,Wood
Exterior
Exterior Feature Stucco
Garage Spaces 3.0
Roof Type Composition
Building
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Call District
Middle Schools Call District
High Schools Call District
School District San Antonio I.S.D.
Others
Miscellaneous Historic District
Acceptable Financing Conventional,FHA,VA,1st Seller Carry,Cash
Listing Terms Conventional,FHA,VA,1st Seller Carry,Cash