707 W Craig Pl,San Antonio, TX 78212
San Antonio, TX 78212
Description
Rare opportunity to own a renovated income-producing property with three separate rental units on one lot. This unique property features a 2-bedroom home at the front of the lot plus a rear duplex consisting of a 1-bedroom unit and a 2-bedroom unit, providing three separate residences and multiple income streams. The property is currently fully leased, generating approximately $3,235 per month in rental income, or $38,820 annually. With three units on one property, this is an attractive opportunity for investors seeking immediate rental income, diversification across multiple tenants, and the potential for future rental growth. Extensive renovations have been completed over the past several years, including new roofs, significantly improving the property's condition and reducing the need for major near-term capital expenditures. The property also appears to offer approximately 2,300 square feet of total living space, which is greater than the square footage currently reflected in tax assessor records. Buyer and buyer's agent should independently verify square footage, permitted use, unit configuration, zoning, and all other property information. With three residences, existing rental income, substantial improvements, and additional potential to increase income over time, this property offers a unique combination of cash flow, flexibility, and long-term investment potential.
Details
| MLS # | 2000762 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1929 |
| Days On Site | 80 |
| Listing Provided By | San Antonio Elite Realty | Jeff Smith |
Features
| SQ Feet | 1,754 |
|---|---|
| Units | 3 |
| Acreage | 0.10 |
Interior
| Heating Fuel | Electric |
|---|
Exterior
| Exterior | Cement Fiber |
|---|---|
| Exterior Features | Mature Trees |
| Foundation | Cedar Post |
Utilities
| Waterorsewer | City |
|---|
Taxes
| Tax Property Id | 018540320150 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 6538.37 |
Area Information
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78212 |
| Area | Bexar |
| Community Name | ALTA VISTA |
| School District | San Antonio I.S.D. |
| Elementary School | Cotton |
| High School | Edison |
| Listing VS Median (in ALTA VISTA) | |
Price: $345,000 low | high Med: $159,000 sqft: 1,754 low | high Med: 1,086 $ / sqft: $197 low | high Med: $146 On site: 80 low | high Med: 97 | |
Market Activity 78212
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78212 |
| Area | Bexar |
| Community Name | ALTA VISTA |
| School District | San Antonio I.S.D. |
| Elementary School | Cotton |
| High School | Edison |
| Listing VS Median (in ALTA VISTA) | |
Price: $345,000 low | high Med: $159,000 sqft: 1,754 low | high Med: 1,086 $ / sqft: $197 low | high Med: $146 On site: 80 low | high Med: 97 | |
