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    432 S Olive , San Antonio, TX 78203
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    • MLS#: 1877733 ( Multi-Family (2-8 Units) )
    • Street Address: 432 S Olive
    • Viewed: 62
    • Price: $615,000
    • Price sqft: $153
    • Waterfront: No
    • Year Built: 1918
    • Bldg sqft: 4019
    • Days On Market: 56
    • Additional Information
    • County: BEXAR
    • City: San Antonio
    • Zipcode: 78203
    • Subdivision: Denver Heights
    • District: San Antonio I.S.D.
    • Elementary School: Call District
    • Middle School: Call District
    • High School: Call District
    • Provided by: Real Broker, LLC
    • Contact: Sterling Williams
    • (210) 569-9008
    • San Antonio, TX MLS IDX
    • DMCA Notice
    • Description
      Gorgeous garden style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy efficient mini split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including updated electrical and plumbing systems, as well as foundational improvements, new siding, and energy efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini splits in units 1, 2, and 3, and a water softening system added in 2020. One unit also features a brand new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district, along with numerous dining and shopping options, is also within easy reach. Short Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value Add Opportunity: Increase rental income by adjusting currently below market rents and implementing a water charge back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well maintained, income producing asset in a thriving market.
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    Features
    Possible Terms
    1. Conventional
    2. FHA
    3. VA
    4. Cash
    5. Investors OK
    Air Conditioning
    1. 3+ Window/Wall
    Annual Operating Expense
    1. 15339
    Apprx Age
    1. 107
    Builder Name
    1. Unknown
    Contract
    1. Exclusive Right To Sell
    Days On Market
    1. 17
    Dom
    1. 17
    Elementary School
    1. Call District
    Exterior Features
    1. Cement Fiber
    Flooring
    1. Vinyl
    Heat
    1. Central
    Heating Fuel
    1. Electric
    High School
    1. Call District
    Home Owners Association Mandatory
    1. None
    Instdir
    1. Commerce to Olive
    Legal Desc Lot
    1. 28
    Legal Description
    1. NCB 626 BLK 2 LOT 28
    2. S 7 FT OF 29
    3. W 26.9 FT OF 27 & S 7 OF
    Meters
    1. Separate Electric
    2. Separate Gas
    3. Common Water
    Middle School
    1. Call District
    Net Operating Income
    1. 43847
    Op Exp Includes
    1. Taxes
    2. Insurance
    Owner Lrealreb
    1. Yes
    Ph To Show
    1. 210-222-2227
    Property Type
    1. Multi-Family (2-8 Units)
    Roofing
    1. Composition
    Salerent
    1. For Sale
    School District
    1. San Antonio I.S.D.
    Source Sqft
    1. Appsl Dist
    Total Tax
    1. 12793
    Views
    1. 62
    Year Built
    1. 1918
    Zoning
    1. RM-4