Headshot for Associate Ron Tate
  1. Ron Tate, Broker,CRB,CRS,GRI,REALTOR ®,SFR
  2. By Referral Realty
  3. Mobile: 210.861.5730
  4. Office: 210.479.3948
  5. Fax: 210.479.3949
  6. rontate@taterealtypro.com
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  • MLS#: 1919581 ( Multi-Family (2-8 Units) )
  • Street Address: 1502 Walters S
  • Viewed: 30
  • Price: $3,600,000
  • Price sqft: $3,509
  • Waterfront: No
  • Year Built: 2023
  • Bldg sqft: 1026
  • Days On Market: 9
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78210
  • Subdivision: A
  • District: San Antonio I.S.D.
  • Elementary School: Smith
  • Middle School: Poe
  • High School: lands
  • Provided by: Phyllis Browning Company
  • Contact: Polo Gutierrez
  • (210) 464-4521
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Presenting a rare investment opportunity to acquire a package of eight brand new duplexes (16 total units) in the downtown San Antonio area. Each three story unit offers 3 bedrooms, 2.5 bathrooms, and a single car garage, complete with individual electric meters for separate utility management. Designed with contemporary finishes, open concept living spaces, and durable, low maintenance materials, these homes provide a fresh canvas for investors to implement their leasing strategy. With no current tenants, buyers have full flexibility to establish rental rates, select tenants, and manage the properties according to their goals. Strategically located near downtown San Antonio, major highways, and local amenities, these units are well positioned for strong rental demand and long term appreciation. This turnkey package presents an exceptional opportunity to expand a multifamily portfolio, combining modern design, functional layouts, and high investment potential in one cohesive offering.
Features
Possible Terms
  1. Conventional
  2. FHA
  3. Cash
  4. Investors OK
Air Conditioning
  1. One Central
Annual Operating Expense
  1. 161160
Builder Name
  1. Shurt Construction
Construction
  1. New
Contract
  1. Exclusive Right To Sell
Elementary School
  1. Smith
Exterior Features
  1. Siding
Flooring
  1. Vinyl
Foundation
  1. Slab
Heat
  1. Central
Heating Fuel
  1. Natural Gas
High School
  1. Highlands
Home Owners Association Mandatory
  1. None
Instdir
  1. S Walters and Essex
Legal Desc Lot
  1. 20-26
Legal Description
  1. Ncb 1639 (1502 South Walters Condominium Association) Blk 6
Meters
  1. Separate Electric
Middle School
  1. Poe
Net Operating Income
  1. 276600
Op Exp Includes
  1. Taxes
  2. Insurance
  3. Maintenance
Other Structures
  1. Other
Owner Lrealreb
  1. No
Ph To Show
  1. 2104644521
Property Type
  1. Multi-Family (2-8 Units)
Roofing
  1. Wood Shingle/Shake
Salerent
  1. For Sale
School District
  1. San Antonio I.S.D.
Source Sqft
  1. Appsl Dist
Style
  1. 3 or More
Total Tax
  1. 87857
Total Number Of Units
  1. 16
Views
  1. 30
Year Built
  1. 2023