341 Avondale Ave, San Antonio, TX 78223

  • $285,000
341 Avondale Ave, San Antonio, TX 78223
  • Multi-Family
  • Property Type
  • 2516 Sqft
  • 1942
  • Year Built
ACTIVE
341 Avondale Ave, San Antonio, TX 78223
341 Avondale Ave, San Antonio, TX 78223
  • $285,000

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.

  • Address 341 Avondale Ave, San Antonio, TX 78223
  • City San Antonio
  • State/county TX
  • Zip/Postal Code 78223
  • Area 78223
  • Country BEXAR

Details

Updated on January 19, 2025 at 9:31 am
  • Property ID: 1823327
  • Price: $285,000
  • Property Size: 2516 Sqft m²
  • Year Built: 1942
  • Property Type: Multi-Family
  • Property Status: ACTIVE

Additional details

  • EXTERIOR: Chain Link, Trees

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Listing Agent Details

Agent Name: Rayenari Suarez

Agent Company: K&E Realty

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Frederick Moulton
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