1026 Gramercy Pl W, San Antonio, TX 78201
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Priced at Only: $695,000
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Address: 1026 Gramercy Pl W, San Antonio, TX 78201
Property Location and Similar Properties
- MLS#: 1811420 ( Multi-Family (2-8 Units) )
- Street Address: 1026 Gramercy Pl W
- Viewed: 15
- Price: $695,000
- Price sqft: $186
- Waterfront: No
- Year Built: 1928
- Bldg sqft: 3743
- Days On Market: 52
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78201
- Subdivision: Beacon Hill
- District: San Antonio I.S.D.
- Elementary School: Call District
- Middle School: Call District
- High School: Call District
- Provided by: Keller Williams Heritage
- Contact: Jaime Aguillon
- (210) 595-1578
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DescriptionWelcome to 1026 W Gramercy Pl, a fully renovated, turnkey 5 unit apartment in Beacon Hill, offering immediate cash flow and low vacancy rates due to its prime location near downtown San Antonio. This property features four units in the main structure and one detached cottage, all showcasing modern updates, neutral colors, and ample natural lighting. Each unit is equipped with its own washer and dryer, central heating and air, and is separately metered for electrical, providing convenience for both tenants and owners. All appliances, including dishwashers (except in the cottage), are included, making this a hassle free investment. A standout feature is the individual water heaters and separate water cutoffs for each unit, ensuring that repairs in one unit won't disrupt the others. The property underwent a foundation up restoration in 2020, guaranteeing modernized systems and reduced maintenance costs. Importantly, all countertops and vanity tops throughout the apartments are made of real stone, adding a touch of luxury and durability. The landscaping incorporates xeriscaping, which helps keep water utility expenses lower. With consistent cash flow from fully occupied units, this property is a solid investment in a high demand neighborhood. Located in Beacon Hill, close to downtown, shopping, dining, and universities, it combines the charm of a historic area with the convenience of city living. Don't miss this opportunity to own a turnkey, high performing asset in an appreciating market!
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Features
Building and Construction
- Apprx Age: 96
- Builder Name: UNK
- Exterior Features: Siding, Vinyl
- Flooring: Wood
- Roofing: Heavy Composition
- Source Sqft: Appsl Dist
School Information
- Elementary School: Call District
- High School: Call District
- Middle School: Call District
- School District: San Antonio I.S.D.
Eco-Communities
- Water/Sewer: City
Utilities
- Air Conditioning: Unit Central, Three+ Central
- Heat: Central
- Heating Fuel: Electric
- Meters: Separate Electric, Common Water
- Recent Rehab: Yes
Finance and Tax Information
- Annual Operating Expense: 21720
- Days On Market: 36
- Home Owners Association Mandatory: None
- Net Operating Income: 43956
- Total Tax: 9850.92
Other Features
- Block: 11
- Contract: Exclusive Right To Sell
- Instdir: Blanco to Gramercy
- Legal Desc Lot: 9&10
- Legal Description: NCB 1786 BLK 11 LOT 9&10
- Op Exp Includes: Taxes, Insurance, Maintenance, Miscellaneous, Other
- Ph To Show: 2102222227
- Salerent: For Sale
- Style: Two Story, Historic/Older
- Views: 15
Owner Information
- Owner Lrealreb: No
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