432 S OLIVE, SAN ANTONIO, TX 78203
Homes for sale in San Antonio.
Homes for sale in 78203.
432 S Olive
San Antonio, TX 78203
List Price$615,000
Listing #1877733
4
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Listing Courtesy of Sterling Williams, Real Broker, LLC (210) 569-9008
Property Features
Location Information
County
Bexar
Subdivision
DENVER HEIGHTS
MLS Area
1200
Interior Features
Heating
Central
Unit 2 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Heating Fuel
Electric
Unit 3 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Cooling
3+ Window/Wall
Unit 4 Features
Bedrooms: 3, FullBaths: 2, HalfBaths: 0
Floors
Vinyl
Total Number of Units
4
Unit 1 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Exterior Features
Siding
Cement Fiber
Lot Size
0.129
Builder
Unknown
Zoning
RM-4
Roof
Composition
School
School District
San Antonio I.S.D.
Jr. High School
Call District
Elementary School
Call District
High School
Call District
Additional Information
Property Type
RI
Status
Active
Year Built
1918
None
Gross Annual Income
56,640
Similar Listings
Mortgage Calculator
$2,871
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,216
Monthly Tax
$512
Monthly Insurance
$143
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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