451 Natalen AveSan Antonio, TX 78209

Description

Discover an exceptional multi-family asset located in the highly sought-after Mahncke Park subdivision. Perfectly positioned just minutes from downtown San Antonio, this property offers an unbeatable combination of historic charm and modern urban convenience, making it highly attractive to all age groups; All one bedroom floorplans are apprx 400-600sqft & ideal footprints for low-maintenance, high -occupancy urban living; Parking-10 highly coveted covered parking spaces; 20 outdoor spaces, on-site resident laundry facilities; Gated entry providing residents with peace of mind; Features two large storage areas with excellent potential to be converted into multiple individual storage units for an immediate secondary rental income stream; Residents will enjoy an incredibly walkable lifestyle, situated just blocks from San Antonio's premier cultural and natural attractions; SA Botanical Garden, SA-Zoo, Witte Museum and 'The Pearl'. This property represents a stellar value-add opportunity. With its unbeatable location in a high-demand rental market, there is clear potential to introduce cosmetic upgrades and implement higher monthly rents to maximize your capitalization rate (Cap Rate) and long-term cash flow. All Rental unit & building measurements are approximate.

Property Information

Property type

Commercial Sale

Sub-type

Business

Year built

1959

Stories

2

Living area

14,160 Sq Ft

Lot size

0.81 acres

Parking spaces

30

Zoning

MF-33 NCD 6

Days on market

95

MLS^® Listing#

1999609

Property Features

Cooling

Central Air

Heating

Central

Fencing

Security

Construction

Stucco

Foundation

Slab

Roof

Composition

Security

Security System

Other structures

Storage

Utilities

Natural Gas Available

Schools

District

San Antonio I.S.D.

Financial Details

Annual taxes

$31,637

Parcel number

067810031250

Directions

Corner of N New Braunfels & Natalen Ave