432 South Olive St, San Antonio, TX 78203 | Listings

432 South Olive St, San Antonio, TX 78203

  • $650,000
  • 4,019 sq ft
  • Year Built: 1918
  • Multi-Family
  • Listing #1830647
  • Status: New

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.

Listing Details

Price$650,000
Year Built1918
Property TypeMulti-Family
Listing #1830647
StatusNew
CountyBexar
Listing TypeFor Sale

Interior Features

Square Feet4,019
FloorsVinyl
Heating and CoolingCentral, 3+ Window/Wall

Exterior Features

ExteriorCement Fiber
RoofComposition
Lot Size0.13 acres

Courtesy of Sterling Williams, Real210-569-9008

Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 12/24/2024 5:53 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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