641 E Ashby Pl, San Antonio, TX 78212

$1,375,000
6,228
SqFt

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List Price
$1,375,000
Status
ACTIVE
Days on Market
39
Price Change
▼ $125,000 1787368320
MLS#
2005424
Year Built
1925
Living Area
6,228
Lot Size
21,475
Acres
0.49
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

Exterior Features
Mature Trees, Other - See Remarks, Level
Zoning
MF-33 (631) / R-6 (635, 6
Heating
Floor Furnace, Window Unit
Air Conditioning
Window/Wall
Exterior Construction
Pre-Owned
Exterior Features
Other
Roof
Metal
School District
San Antonio I.S.D.
Elementary School
Hawthorne
Middle School
Hawthorne Academy
High School
Edison

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Abrahams (dabrahams@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

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