$280,000
Pending

2523 Observation

San Antonio, TX 78227
Type:Multi-Family
Structure:House
Zone:Residential

Description

This fully renovated duplex offers a prime turnkey investment opportunity in a high-demand rental market, located near Lackland Air Force Base and SeaWorld San Antonio. The property underwent a comprehensive down-to-the-studs rehab in 2023, including a new foundation, new roof, updated PEX plumbing and drain lines, new electrical systems, and new drywall. Every unit features new windows, doors, and modern finishes, offering tenants a high-quality living space with minimal maintenance required. The duplex is currently fully occupied, providing immediate and stable cash flow. Each unit is separately metered for utilities, with tenants responsible for their own utility costs, offering an efficient, low-maintenance ownership structure. Zoned R-6, the property benefits from flexible residential zoning, ensuring long-term value appreciation. Located in a desirable rental corridor with proximity to major employers such as Lackland AFB and SeaWorld, the asset boasts strong tenant demand, ensuring consistent occupancy. With all major systems updated and a fully rehabbed structure, this property is an ideal acquisition for investors seeking reliable cash flow and long-term asset growth.

  • Property Details
      • Property TypeMulti-Family
      • Property SubtypeOne Story
      • MLS #1862242
      • MLS #1862242
      • Cost280000
      • Bathrooms1
      • Full Baths1

Location

Reggie HockReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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