422 Pershing Avenue

San Antonio, TX 78209

$798,000
Price
—
Beds
3,205 Sq. Ft.
$249 / Sq. Ft.
3,205
Sq. Ft.
$249
per Sq. Ft.

Description

Situated in the desirable Mahncke Park subdivision, nestled between the San Antonio Country Club and the Botanical Gardens, this 4-Plex property is an instant money maker, boasting proximity to popular attractions like the DoSeum, San Antonio Zoo, Universities and Hospitals, ensuring high demand from both short-term and long-term renters. The property comprises a front duplex with two fully furnished 2-bedroom units (Units A and B), blending the charm of a 1930s home mixed with recent modern finishes...Situated in the desirable Mahncke Park subdivision, nestled between the San Antonio Country Club and the Botanical Gardens, this 4-Plex property is an instant money maker, boasting proximity to popular attractions like the DoSeum, San Antonio Zoo, Universities and Hospitals, ensuring high demand from both short-term and long-term renters. The property comprises a front duplex with two fully furnished 2-bedroom units (Units A and B), blending the charm of a 1930s home mixed with recent modern finishes and decor, appealing to a wide range of tenants with a proven track record and great reviews on Airbnb/VRBO. Unit C, a 1-bedroom, 1 bath garage apartment features a long-term tenant, offering stability and consistent rental income. Additionally, a recently updated detached studio unit provides flexibility for various rental strategies, very popular amongst travel nurses and college students. Enjoy the convenience of a detached garage with 2 large locking storage bays and a full laundry room equipped with multiple washers and dryers, enhancing tenant satisfaction and retention. The owner has spared no expense in updating essential components such as roof (2019), 3 tankless water heaters (2022), 8 ductless mini-split HVAC systems, foundation (2022), and gutters (2023), ensuring minimal maintenance hassles for the new owner . Whether you're looking for an investment opportunity or seeking a place to call home while generating rental income, this four-plex offers the perfect blend of charm, convenience, and income potential. Don't miss out on this rare find in one of San Antonio's most sought-after neighborhoods.
  1. Listed by Kelly Glass • TREC #523230 • Real • kelly@glassrealtygrp.com

Property Details for 422 Pershing Avenue

School District
San Antonio I.S.D.
Subdivision
Mahncke Park
Zoning
R-4 CD NCD-6
Exterior
Siding

Location

Listing Courtesy of Real
Add your commute
LISTING UPDATED: 04/30/2024 04:19 PM

Property Details for 422 Pershing Avenue

StatusActive Option
MLS #1756263
Days on Market56
Taxes$15,807 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1935
Lot Size0.22 AC / 9,757 SF
CountyBexar County

Location

Listing Courtesy of Real
Add your commute

Building Information for 422 Pershing Avenue

Stories-Residences4Year Built1935Building Size-Lot Size0.22 AC / 9,757 SF

Payment Calculator

$5,672 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,355

Property Taxes

$1,317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 Pershing Avenue

Summary
Location and General Information
  • Area: 1300
  • Elementary School: Lamar
  • Middle School: Hawthorne Academy
  • High School: Edison
  • Zip Code Plus: 6645
  • Instruction/Direction: Get on I-37 N/US-281 N.to E Hildebrand Ave. Take the Hildebrand exit from 281N. Merge onto E Hildebrand Ave. In 0.7 miles turn right onto N New Braunfels Ave.IN 0.3 miles turn left onto Corta Pl/Pershing Ave.
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78209-6645
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 065240010120
Property
Property and Assessments
  • Legal Description: NCB 6524 BLK 1 LOT 12, 13 & 14
  • Subdivision Legal Name: MAHNCKE PARK II SA
  • Builder Name: Unknown
  • Year Built: 1935
  • Energy Efficiency: Tankless Water Heater
  • Type: Two Story
Lot Information
  • Source Sqft: Appraiser
  • Legal Desc-Lot: 12
  • Square Feet: 3205.0
  • Apprx Age: 89
  • Lot Size: 0.224
Utilities
  • Air Conditioning: Other
  • Heat: Other
  • Heating Fuel: Electric, Natural Gas
  • Water/Sewer: City
  • Meters: Separate Electric, Separate Gas, Common Water
  • Utility Supplier: Gas: CPS
  • Utility Supplier: Electricity: CPS
  • Utility Supplier: Garbage: City of San
  • Utility Supplier: Water: SAWS
  • Utility Supplier: Sewer: SAWS
Interior and Exterior Features
Interior Features
  • Flooring: Ceramic Tile, Wood, Vinyl
Exterior Features
  • Exterior Features: Covered Patio, Has Gutters, Mature Trees, Detached Quarters, Storm Doors, Garage Apartment, Level
  • Construction: Pre-Owned
  • Roofing: Composition
  • Proposed Terms: Conventional, FHA, VA, Investors OK
Multi Family
Multi-Family Information
  • Annual Operating Expense: 29649.0
  • Gross Annual Income: 91450.0
  • Operating Expense Includes: Taxes, Insurance, Maintenance, Management, Licenses/Permits, All Utilities, Other
  • Net Operating Income: 61801.0
Unit 1
  • Unit 1 Info: Furnished, Oven/Stove, Dishwasher, Refrigerator, Window Coverings
  • U1 Occupied: No
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 1
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $2,500.00
Unit 2
  • Unit 2 Info: Furnished, Oven/Stove, Dishwasher, Refrigerator, Security System, Window Coverings
  • U2 Occupied: Yes
  • U2 Bedroom: 2
  • U2 Full Baths: 1
  • U2 Half Baths: 1
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $2,500.00
Unit 3
  • Unit 3 Info: Oven/Stove, Dishwasher, Refrigerator, Window Coverings
  • 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: $1,270.00
Unit 4
  • Unit 4 Info: Oven/Stove, Refrigerator, Window Coverings
  • U4 Occupied: No
  • 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: $990.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 422 Pershing 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 422 Pershing Avenue

Taxable ValueLand$248,720Additions$385,390Total$634,110
Tax Record2023$15,807 ($1,317 / month)
Home Facts
Baths3.5Total Finished SqFt2,284 SqFtAbove Grade Finished SqFt2,284 SqFtStories2Lot Size9,757 SqFtStyleDuplexYear Built1935CountyBEXARAPN06524-001-0120Fireplace TypeHas Fireplace

Schools near 422 Pershing Avenue

This home is within San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Charter - PK to 6
Charter - K to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Lamar Elementary School
CharterPK to 6

Hawthorne Pk-8 Academy
CharterK to 8

Edison High School
Public9 to 12

Jja
Public10 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.

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Listing Courtesy of Real

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.