119 Bank , San Antonio, TX 78204
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Priced at Only: $795,000
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Address: 119 Bank , San Antonio, TX 78204
Property Location and Similar Properties
- MLS#: 1926651 ( Multi-Family (2-8 Units) )
- Street Address: 119 Bank
- Viewed: 2
- Price: $795,000
- Price sqft: $144
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 5510
- Days On Market: 3
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78204
- Subdivision: S Durango/probandt
- District: San Antonio I.S.D.
- Elementary School: Briscoe
- Middle School: Harris
- High School: Burbank
- Provided by: Keller Williams Legacy
- Contact: Arthur Sable
- (210) 986-1165

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Description119 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
- 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
Owner Information
- Owner Lrealreb: No
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