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$ 360,000
Est. payment /mo
New
2527 Observation San Antonio, TX 78227
6 Beds
3 Baths
1,965 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type One Story
Listing Status Active
Purchase Type For Sale
Square Footage 1,965 sqft
Price per Sqft $183
MLS Listing ID 1862247
Style One Story
Bedrooms 6
Full Baths 3
Year Built 2022
Annual Tax Amount $3,605
Lot Size 9,713 Sqft
Acres 0.223
Property Sub-Type One Story
Property Description
This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.
Location
State TX
County Bexar
Area 0700
Zoning R-6
Interior
Heating Central
Cooling Unit Central
Flooring Laminate
Exterior
Exterior Feature Siding
Garage Spaces 6.0
Roof Type Composition
Building
Sewer City
Water City
Schools
Elementary Schools Westwood Terrace
Middle Schools Jones
High Schools John Jay
School District Northside
Others
Acceptable Financing Conventional, FHA, VA, Cash, Investors OK
Listing Terms Conventional, FHA, VA, Cash, Investors OK
Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525