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$360,000

Est. payment - /mo

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6 Beds

3 Baths

1,965 SqFt

Contingent

2527 Observation San Antonio, TX 78227

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Contingent

Purchase Type For Sale

Square Footage 1,965 sqft

Price per Sqft $183

Subdivision Lackland Terrace

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

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

Property Description

Positive monthly cash flow! 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 Window Unit

Cooling Window/Wall

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

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LINK'D REALTY

+1(210) 687-3271

2527 Observation San Antonio, TX 78227

LINK'D REALTY

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2527 Observation