3118 West Gerald Avenue

San Antonio, TX 78211

$554,900
Price
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Beds
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Description

This is a great 7 unit apartment complex for an investor looking to cash flow. In an Opportunity Zone! All units are currently rented, no vacancies and everyone is on a lease. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 3 years ago. Shed on the property for additional storage or a potential 8th unit. Owners are selling six small multi family properties.This is a great 7 unit apartment complex for an investor looking to cash flow. In an Opportunity Zone! All units are currently rented, no vacancies and everyone is on a lease. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 3 years ago. Shed on the property for additional storage or a potential 8th unit. Owners are selling six small multi family properties.
  1. Listed by Hillary Romero • TREC #683848 • White Line Realty LLC • hillary.w.romero@gmail.com

Property Details for 3118 West Gerald Avenue

School District
CALL DISTRICT
Subdivision
N/A
Zoning
MF-33
Exterior
Siding

Location

Listing Courtesy of White Line Realty LLC
Add your commute
LISTING UPDATED: 04/15/2024 02:06 AM

Property Details for 3118 West Gerald Avenue

StatusActive
MLS #1763869
Days on Market31
Taxes$14,603 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1913
Lot Size-
CountyBexar County

Location

Listing Courtesy of White Line Realty LLC
Add your commute

Building Information for 3118 West Gerald Avenue

Stories-Residences7Year Built1913Building Size-Lot Size-

Payment Calculator

$4,245 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,028

Property Taxes

$1,217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3118 West Gerald Avenue

Summary
Location and General Information
  • Area: 2200
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Instruction/Direction: Continue on I-410 W. Take I-10 E to General Hudnell Dr in San Antonio. Take the Texas 371 Spur/Gen Hudnell Dr exit from US-90 W 13 min (13.2 mi) Continue on General Hudnell Dr. Take Quintana Rd to W Gerald Ave.
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78211
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 087400010010
Property
Property and Assessments
  • Legal Description: NCB 8740 BLK 1 LOT 1
  • Subdivision Legal Name: N/A
  • Builder Name: UNKNOWN
  • Year Built: 1913
  • Type: Two Story
Lot Information
  • Legal Desc-Lot: 1
  • Apprx Age: 111
Utilities
  • Air Conditioning: Window/Wall, Two Window/Wall
  • Heat: None
  • Heating Fuel: Natural Gas
  • Water/Sewer: City
  • Meters: Common Water, Common Electric, Common Gas
Interior and Exterior Features
Interior Features
  • Flooring: Carpeting, Vinyl, Laminate
Exterior Features
  • Roofing: Composition
  • Proposed Terms: Conventional, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 35432.25
  • Gross Annual Income: 70185.0
  • Operating Expense Includes: Taxes, Insurance, All Utilities
  • Net Operating Income: 34752.75
Unit 1
  • Unit 1 Info: Oven/Stove
  • U1 Occupied: Yes
  • U1 Bedroom: 1
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $855.00
Unit 2
  • Unit 2 Info: Oven/Stove
  • U2 Occupied: Yes
  • U2 Bedroom: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $835.00
Unit 3
  • Unit 3 Info: Oven/Stove, Refrigerator
  • U3 Occupied: Yes
  • U3 Bedroom: 1
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $825.00
Unit 4
  • Unit 4 Info: Oven/Stove, Refrigerator
  • U4 Occupied: Yes
  • U4 Bedroom: 1
  • U4 Full Baths: 1
  • U4 Half Baths: 0
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 1
  • U4 Park Type: Pad
  • U4 Rent: $860.00
Unit 5
  • Unit 5 Info: Oven/Stove, Refrigerator
  • U5 Occupied: Yes
  • U5 Bedroom: 2
  • U5 Full Baths: 1
  • U5 Half Baths: 0
  • U5 Num of Parking Spaces: 1
  • U5 Handicap Access: No
  • U5 Park Type: Pad
  • U5 Rent: $970.00
Unit 6
  • U6 Occupied: Yes
  • U6 Park Type: Pad
  • Unit 6 Info: Oven/Stove, Refrigerator
  • U6 Bedroom: 2
  • U6 Full Baths: 1
  • U6 Half Baths: 0
  • U6 Num of Parking Spaces: 1
  • U6 Handicap Access: No
  • U6 Rent: $910.00
Unit 7
  • Unit 7 Info: Oven/Stove
  • U7 Bedroom: 1
  • U7 Full Baths: 1
  • U7 Half Baths: 0
  • U7 Num of Parking Spaces: 1
  • U7 Handicap Access: No
  • U7 Park Type: Pad
  • U7 Rent: $865.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 3118 West Gerald Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3118 West Gerald Avenue

Taxable ValueLand$31,500Additions$483,500Total$515,000
Tax Record2023$12,634 ($1,053 / month)
Home Facts
Total Finished SqFt4,262 SqFtAbove Grade Finished SqFt4,262 SqFtStories1Lot Size7,013 SqFtStyleMulti-Family Res (5+ Units)Year Built1913Year Renovated1995CountyBEXARAPN08740-001-0010

Schools near 3118 West Gerald Avenue

This home is within South San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Athens Elementary School
PublicPK to 5

Dwight Middle School
Public6 to 8

South San Antonio High School
Public9 to 12

So San Antonio Career Ed Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3118 West Gerald Avenue is a multi-family home for sale in San Antonio, TX 78211. This property was listed for sale on April 4, 2024 by White Line Realty LLC, it's currently listed at $554,900. This listing's school district is South San Antonio Independent School District. Nearby schools include Athens Elementary School, Dwight Middle School and South San Antonio High School. 3118 West Gerald Avenue is a 0-bed, 0-bath, multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of White Line Realty LLC

Based on information from one of the following Multiple Listing Services: Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Kerville Board of realtors, SABOR, ACTRIS, HAR and/or CTXMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.