329 HOT WELLS BLVD

SANANTONIO, 78223

Title
Price: $ 175,000
Bed: 4  FBath: 2  HBath: 0
Sq.Ft. 1,492
Stories: N/A
Parking: N/A
Pool: NONE
Lot Size: 0.161
Year Built: 1921
Type: RE
Status: ACT
MLS #: 1721769
County: BEXAR
Broker: eXp Realty
Community: HOTWELLS

 

About this Property

Welcome to a piece of San Antonio's history! This charming 1921 2-story home offers a unique opportunity for investors or those looking to restore a piece of the past. Located just 10 minutes from downtown San Antonio, this property is nestled in a well-established neighborhood, offering both historical charm and modern convenience. Step inside and be transported to a bygone era with original wood floors that exude warmth and character. The home also retains its original windows, adding to its timeless appeal. Currently configured as a 4-bedroom, 2-bathroom main residence and a separate 1-bedroom, 1-bathroom garage apartment, this property offers flexibility for various living arrangements. Use it as an investment property, create a multi-generational living space, or reimagine it to suit your needs. With its metered setup for three units, this property presents excellent investment potential. The current rental configuration generates income of $1450 from a 4-bedroom, 2-bathroom unit and $750 for the 1-bedroom, 1-bathroom unit. Additionally, there is the possibility of further optimizing rental income by restoring the property to its full potential, with market rents projected at $1,800 for the 4/2 unit and $900 for the 1/1 unit. The property is being sold in its current condition, providing the perfect canvas for your creative vision and potential renovations. Don't miss out on this unique opportunity to own a piece of history with incredible investment potential. **SELLER WILL CONTRIBUTE 3% TOWARDS CLOSING COSTS**

Schools

  • Elementary School: BALL
  • Middle School: CALL DIST
  • High School: HIGHLANDS
  • School District: SAN ANTON

Due to the increasing growth in San Antonio and the surrounding areas, the affected School Districts may move the attendance boundaries of their schools. Before you buy a house, you should verify any changes.

Source: San Antonio Board of Realtors.

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