Homes for sale - 432 OLIVE ST, San Antonio, TX 78203-1342

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Cheo Cardenas

LPT Realty

cheo@gocheo.com +1(210) 289-7878

$ 650,000

Est. payment | -/mo

8 Beds

5 Baths

4,019 SqFt

Save

$ 650,000

Est. payment | -/mo

Save

8 Beds

5 Baths

4,019 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,019 sqft

Price per Sqft $161

Subdivision Denver Heights

MLS Listing ID 1830647

Style Two Story

Bedrooms 8

Full Baths 5

Year Built 1918

Annual Tax Amount $13,054

Lot Size 5,619 Sqft

Property Description

Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen complete with a full appliance package. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including all-new electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.

Location

State TX

County Bexar

Area 1200

Direction S

Interior

Heating Central

Cooling 3+ Window/Wall

Flooring Vinyl

Exterior

Exterior Feature Cement Fiber

Garage Spaces 4.0

Roof Type Composition

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Sterling Williams • Real • (210) 569-9008

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(210) 289-7878

cheo@gocheo.com

432 OLIVE ST San Antonio, TX 78203-1342