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

Status of the property has changed, please contact for details

List Price$615,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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.

Schools

Walk Score

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