2226 PINN RD, San Antonio, TX 78227
2226 PINN RD, San Antonio, TX 78227
2226 PINN RD, San Antonio, TX 78227
2226 PINN RD, San Antonio, TX 78227
2226 PINN RD, San Antonio, TX 78227
2226 PINN RD, San Antonio, TX 78227
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Michelle Macom

Michelle Macom

+1(210) 884-4885
$ 225,000
Est. payment | /mo

8 Beds

4 Baths

4,028 SqFt

Save
$ 225,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,028 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,028 sqft

Price per Sqft $55

Subdivision Meadowcliff

MLS Listing ID 2014253

Style Two Story

Bedrooms 8

Full Baths 4

Year Built 1985

Annual Tax Amount $6,871

Lot Size 0.341 Acres

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

Property Description

Investor opportunity! This ~4,028 SF fourplex offers spacious 2-bedroom/1-bath units averaging roughly 1,000 SF each on a 0.34-acre site, providing substantial upside for an investor ready to complete repairs and return the property to productive use. Current market rent potential is estimated at approximately $1,000 per unit plus utility reimbursements, creating the opportunity for approximately $48,000 in annual base rental income once stabilized. The property is currently vacant and being offered as-is, with known deferred maintenance including foundation movement, roof replacement, HVAC replacement and unit make-ready repairs; utilities are currently off and buyers should perform their own due diligence regarding condition and repair scope. Interior unit renovation appears relatively limited compared with the major exterior and mechanical work, giving an experienced renovation buyer a head start. Separate electric meters, central HVAC, brick construction and large two-bedroom floor plans provide a solid foundation for repositioning the asset. This is an opportunity to acquire four rental units at an attractive basis and force appreciation through renovation, lease-up and improved operations.

Location

State TX

County Bexar

Area 0700

Zoning MF-33

Interior

Heating Central

Cooling Unit Central

Flooring Vinyl

Exterior

Exterior Feature Brick

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Slab

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District Northside

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Stephen Guzek • Lifestyles Realty Central Texas Inc • (210) 317-1179
Michelle Macom

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(210) 884-4885

michelle@michellemacomrealtor.com

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2226 PINN RD