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341 Avondale Ave, San Antonio, TX 78223
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$290,000
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Home Details for 341 Avondale Ave
Price
$290,000
Type
Multi Family
Bedrooms
6
Full Bathrooms
4.0
Year Build
1942
Sq. Ft.
2516
Lot Size
0.225
County
Bexar
Tax
$3,792
MLS®️ Listing#
1823327
On exitrealty.com
29 days
Property 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.
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- Cooling Information
- Window Unit(s)
- Wall/Window Unit(s)
- Heating Information
- None
School Information
School Information for 341 Avondale Ave
Elementary School
Ball
Middle School
Hot Wells
High School
Highlands
Listing courtesy: K&E Realty - (210) 418-0067. Presented by: Rayenari Suarez
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 San Antonio Board of REALTORS®. All Rights Reserved.
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Market statistics compiled from data from SABOR San Antonio Board of Realtor.
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$290,000
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EXIT REALTY ADVISORS
16170 Jones Maltsberger Rd Ste 202, San Antonio, TX 78247