341 Avondale Ave, San Antonio, TX 78223 | Listings

341 Avondale Ave, San Antonio, TX 78223

  • $290,000
  • 2,516 sq ft
  • Year Built: 1942
  • Multi-Family
  • Listing #1823327
  • Status: New

Property Description

Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. The seller also offers owner financing with an attractive interest rate, a five-year balloon, and no prepayment penalty-making it easier to capitalize on this rare find. Don't miss out on this fantastic investment in a property with boundless income potential.

Listing Details

Price$290,000
Year Built1942
Property TypeMulti-Family
Listing #1823327
StatusNew
CountyBexar
Listing TypeFor Sale

Interior Features

Square Feet2,516
FloorsWood
Heating and CoolingWindow/Wall

Exterior Features

ExteriorSiding
FoundationSlab
RoofComposition
Lot Size0.23 acres

Virtual Tour

Virtual Tour URLhttps://youtu.be/y3MnSCWzQ5Q

Courtesy of Rayenari Suarez, K&E Realty210-418-0067

Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 11/16/2024 10:14 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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