119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
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Michael Lugo

Michael Lugo

+1(210) 289-6293
$ 795,000
Est. payment | /mo

8 Beds

8 Baths

5,510 SqFt

Save
$ 795,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,510 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Pending

Purchase Type For Sale

Square Footage 5,510 sqft

Price per Sqft $144

Subdivision S Durango/Probandt

MLS Listing ID 1926651

Style One Story

Bedrooms 8

Full Baths 8

Construction Status Pre-Owned

Year Built 1949

Annual Tax Amount $17,852

Lot Size 9,626 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi-building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building - 6 Units: Three 1-bedroom apartments and three efficiencies. Middle Courtyard Row - 3 Units: Two efficiencies and one 1-bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings - 2 Units: * 3-bedroom/1-bath single-family home. * Two-story co-living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.

Location

State TX

County Bexar

Area 1100

Interior

Heating Window Unit

Cooling Window/Wall

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Siding

Garage Spaces 7.0

Roof Type Composition

Building

Foundation Slab

Construction Status Pre-Owned

Schools

Elementary Schools Briscoe

Middle Schools Harris

High Schools Burbank

School District San Antonio I.S.D.

Others

Acceptable Financing Cash, Investors OK

Listing Terms Cash, Investors OK

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Arthur Sable • Keller Williams Legacy • (210) 986-1165

Amenities & Attractions

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Professional Services
Travel
Education
Pets

  • Yolanda’s at Gallista

    1913 S Flores, San Antonio, TX 78204

    Cafes Phone: 210-212-8606

  • Taqueria Los Potrillos

    715 Nogalitos, San Antonio, TX 78204

    Mexican Phone: 210-226-5408

  • Eddie’s Taco House

    402 W Cevallos, San Antonio, TX 78204

    Mexican Phone: 210-222-2400

  • Piedras Negras De Noche

    1322 S Laredo St, San Antonio, TX 78204

    Mexican Phone: 210-227-7779

  • My Little Taco House

    2125 S Flores St, San Antonio, TX 78204

    Mexican Phone: 210-224-5994

  • Jack in the Box

    903 Probandt, San Antonio, TX 78204

    Fast Food Phone: 210-223-4415

  • Culinaria Sabado At Casa Hernan

    411 E Cevallos St, San Antonio, TX 78204

    Ethnic Food

  • The Fruteria

    1401 S Flores St, San Antonio, TX 78204

    Bars Phone: 210-251-3104

  • La Tuna Grill

    100 Probandt St, San Antonio, TX 78204

    Mexican Phone: 210-212-5727

  • Jimmy’s Family Pizza

    226 E Fest St, San Antonio, TX 78204

    Italian Phone: 210-212-8225

  • Wen Wah Restaurant

    2030 S Alamo St, San Antonio, TX 78204

    Chinese Phone: 210-227-4828

  • McDonald’s

    1330 S Laredo St, San Antonio, TX 78204

    Fast Food Phone: 210-226-6740

  • Flores28

    316 E Cevallos, San Antonio, TX 78204

    Mexican Phone: 210-607-9564

  • Church’s Chicken

    2026 S Alamo St, San Antonio, TX 78204

    Phone: 210-226-3690

  • April’s Chinese

    2030 S Alamo St, San Antonio, TX 78204

    Chinese Phone: 210-223-7335

  • Bill Miller Bar-B-Q

    910 Probandt St, San Antonio, TX 78204

    Barbeque Phone: 210-226-4707

  • Wendy’s

    514 W Cevallos, San Antonio, TX 78204

    Fast Food Phone: 210-222-0015

  • La Parrilla Azteca

    1521 S Flores St, San Antonio, TX 78204

    Latin American Phone: 210-271-9533

GET MORE INFORMATION

Michael Lugo

Michael Lugo

Agent | License ID: 657886

+1(210) 289-6293

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119 Bank