4906 Ali Ave, San Antonio, TX 78229

$590,000
5,212
SqFt

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List Price
$590,000
MLS#
2012973
Status
NEW
Number of Units
4
County
Bexar
City
San Antonio
Subdivision
Glen Oaks Park
Living Area
5,212

Property Description

INVESTMENT OPPORTUNITY NEAR SAN ANTONIO'S MEDICAL CENTER! This well-configured 4-plex townhouse property offers an excellent opportunity for investors seeking multiple income-producing units in one convenient location. Each spacious unit features 2 bedrooms, 1.5 bathrooms, a private fenced back patio, and washer/dryer hookups. All four units are separately metered for utilities, helping simplify property management and expense allocation. The property also features a dedicated parking lot accommodating up to two vehicles per unit. With two units currently occupied and two units vacant, a new owner has the opportunity to immediately implement their own leasing strategy while maintaining income from the existing tenants. The property also offers potential upside through thoughtful improvements to the vacant units and, over time, the opportunity to increase rents on existing units as market conditions and lease cycles allow. Located near San Antonio's Medical Center, the property may also offer flexibility for an investor considering alternative rental strategies, including mid-term housing for traveling nurses, physicians, medical residents, and other healthcare professionals. An owner could evaluate a combination of traditional long-term rentals and mid-term rentals to maximize flexibility and potentially enhance overall income. Whether your strategy is to stabilize the property, make strategic improvements, maximize rental income, explore mid-term rental opportunities, or hold for long-term appreciation, 4906 Ali Ave offers an attractive opportunity to add a versatile income-producing asset to your portfolio.

Additional Information

Days on Market
0
Year Built
1986
Builder Name
Unknown
Cooling
Multi-Unit Central
Heating
Central
Exterior Features
Mature Trees, Level
Exterior
Brick, Stucco
Roof
Composition
Floor
Carpeting
School District
Northside
Elementary School
Glenoaks
Middle School
Neff Pat
High School
Holmes Oliver W

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anthony Deason (andydeason24@yahoo.com) from Listing Office: Deason Realty Solutions, LLC.

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