1510 S Presa, San Antonio, TX 78210

Description

Investor opportunity minutes from Downtown San Antonio! Welcome to 1510 S Presa St, a renovated duplex with multiple ways to make it work. Live in one side and rent the other, add both units to your rental portfolio, or explore the potential as a short-term rental. Each unit is estimated to rent for approximately $1,800-$2,000/month, giving investors the potential for $3,600-$4,000/month in combined gross rent. Buyer to verify rental rates and STR eligibility/restrictions. A lot of the big-ticket work has already been addressed. The foundation has been stabilized and comes with an engineer letter, along with updated plumbing, updated electrical and a metal roof. The seller is also offering to help with buyer closing costs and will include a 2-year home warranty. A new stainless steel refrigerator and stove will be included with an accepted contract. Location is a major part of the opportunity. You're minutes from Downtown San Antonio and Southtown, with continued investment happening throughout the urban core, including the proposed Project Marvel sports and entertainment district. There's also additional potential with the garage, which could possibly be converted into a casita or additional rental space, subject to zoning, permits and city approval.

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1510 S Presa

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