341 Avondale Ave
San Antonio, TX 78223
- – beds
- – baths
- 2,516 sqft
- 9,801 sqft lot
- $115 per sqft
- 1942 build
- – on site
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.
Last checked:
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Last updated Dec 9, 2024
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MLS# 1823327 —
The Building
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Year Built:1942
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Approx Age:82
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Construction:Pre-Owned
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Builder Name:UNKNOWN
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Type:One Story
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Exterior:Siding
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Exterior Features:Mature Trees, Mature Trees (ext feat), Level
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Roofing:Composition
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Foundation:Slab
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Accessibility:Near Bus Line, Level Lot, Level Drive, Wheelchair Adaptable
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Total Units:4
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Total SqFt:2516
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SqFt Source:Appsl Dist
Interior
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Flooring:Wood
Financial & Terms
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Potential Short Sale:No
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Miscellaneous:City Bus
Location
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Directions:From 281 South turn right on S New Braunfels Ave. Turn right again on Avondale Ave. The property will be on the corner of Avondale Ave and Russi St.
The Property
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Area:1900
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Legal Desc-Lot:42
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Lot Size:0.225
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Zoning:MF33
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Green Features:Drought Tolerant Plants
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Price Per SqFt:$115.26
Listing Agent
- Contact info:
- Agent phone:
- (210) 418-0067
Taxes
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Tax Property ID:076280030420
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Total Taxes:$3,792
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Taxed by Multiple Counties:No
The Listing
Heating & Cooling
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Heat:None
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Heating Fuel:Other
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Air Conditioning:Window/Wall
Utilities
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Meters:Separate Electric, Common Water
Schools
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Elementary School:Ball
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Middle School:Hot Wells
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High School:Highlands
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School District:San Antonio I.S.D.
The Community
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Subdivision:Hotwells
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HOTWELLSSubdivision:
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HOA:None
Extra Units
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Unit 1 Bedrooms:1
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Unit 1 Parking Type:Pad
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Unit 2 Includes:Not Applicable
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Unit 1 Handicap Access:No
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Unit 1 # Parking Spaces:2
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Unit 1 Includes:Not Applicable
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Unit 1 Full Baths:1
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Unit 2 Bedrooms:1
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Unit 2 Full Baths:1
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Unit 2 Handicap Access:No
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Unit 2 Parking Type:Pad
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Unit 2 # Parking Spaces:2
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Unit 3 Includes:Not Applicable
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Unit 3 Bedrooms:2
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Unit 3 Full Baths:1
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Unit 3 Parking Type:Pad
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Unit 3 Handicap Access:No
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Unit 3 # Parking Spaces:2
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Unit 4 Includes:Oven/Stove, Washer Connection, Dryer Connection
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Unit 4 Bedrooms:2
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Unit 4 Full Baths:1
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Unit 4 Parking Type:Pad
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Unit 4 # Parking Spaces:2
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Unit 4 Handicap Access:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/14/24
Nov 14, 2024
|
Listed / Active | SABOR | $290,000 | 192.9% (77.8% / YR) |
|
5/23/22
May 23, 2022
|
SABOR | $99,000 |
