641 E Ashby Pl, San Antonio, TX 78212
- $1,500,000
- 6,228
- SqFt
- List Price
- $1,500,000
- MLS#
- 2005424
- Status
- NEW
- Type
- Multifamily
- Year Built
- 1925
- Acres
- 0.49
- Living Area
- 6,228
- County
- Bexar
- City
- San Antonio
- Subdivision
- Tobin Hill
Property Description
PORTFOLIO SALE: Covered play - for multi-family redevelopment. 0.493-acre, 3-parcel assemblage in Tobin Hill North near N. St. Mary's St, on the growth path toward the Pearl. 5 of 7 units currently occupied, $74,340/yr in-place gross rent with potential to $103,380/yr at full occupancy; 2 vacant units at 631 available for immediate lease-up or redevelopment planning. 631 zoned MF-33; 635 & 641/643 zoned R-6 with an established duplex use supporting rezoning. Est. redevelopment potential of 14-15 units at full build-out (buyer to verify with the City). Seller will not divide parcels. $1,500,000 for the full assemblage - priced near land value. Also listed as Commercial Improved (631 Ashby) and on CoStar.
Additional Information
- Gross Annual Income
- 74340
- Lot Size
- 21,475
- Roof
- Metal
- Exterior
- Other
- School District
- San Antonio I.S.D.
- Elementary School
- Hawthorne
- Middle School
- Hawthorne Academy
- High School
- Edison
- Zoning
- MF-33 (631) / R-6 (635, 6
Mortgage Calculator
Listing courtesy of Listing Agent: David Abrahams (dabrahams@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.
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