641 E Ashby PlSan Antonio, TX 78212

Description

PORTFOLIO SALE: Covered play - for multi-family redevelopment. 0.493-acre, 3-parcel assemblage in Tobin Hill North near N. St. Mary's St, on the growth path toward the Pearl. 5 of 7 units currently occupied, $74,340/yr in-place gross rent with potential to $103,380/yr at full occupancy; 2 vacant units at 631 available for immediate lease-up or redevelopment planning. 631 zoned MF-33; 635 & 641/643 zoned R-6 with an established duplex use supporting rezoning. Est. redevelopment potential of 14-15 units at full build-out (buyer to verify with the City). Seller will not divide parcels. $1,500,000 for the full assemblage - priced near land value. Also listed as Commercial Improved (631 Ashby) and on CoStar.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Other

Year built

1925

Stories

2

Living area

6,228 Sq Ft

Lot size

0.49 acres

Zoning

MF-33 (631) / R-6 (635, 6

Days on market

73

MLS^® Listing#

2005424

Property Features

Cooling

Window Unit(s) · Wall/Window Unit(s)

Heating

Electric · Floor Furnace

Flooring

Ceramic Tile · Wood

Roof

Metal

Schools

Elementary

Hawthorne

Middle

Hawthorne Academy

High

Edison

District

San Antonio I.S.D.

Financial Details

HOA

None

Annual taxes

$26,267

Parcel number

030530000052

Directions

E Ashby Pl off of N St Mary's