718 San Antonio AVE #722 Active Save Request In-Person Tour Request Virtual Tour
Seguin,TX 78155
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $196
Subdivision Gallegos Seguin Isd
MLS Listing ID 575130
Style Traditional
Year Built 1992
Lot Size 5,706 Sqft
Property Sub-Type Duplex
Property Description
Turnkey multifamily CRE investment property in one of the country's fastest growing and most economically vibrant areas. Units consist of one 2 bed, 1 bath unit (slab foundation) and one 1 bed, 1 bath unit (pier and beam construction), each with their own laundry room. Long-term tenants (15-20 years) with leases in place; one is a section 8 tenant.
Minimal overhead; rents at close to market with long-term tenants under lease. Tenants pay all utilities and are responsible for lawn care.
Features updated in 2024-25 include:
• New metal roof on both structures
• Both units have new siding, insulation and stud and beam replacement where any evidence of decay or rot existed
• Exterior of both units painted
• New energy efficient windows in 2 bedroom unit.
• All items noted on inspections addressed (seller will share the original inspection and termite reports with an accepted offer).
• Carport converted to 1 car, enclosed garage.
• 1 bed / 1 bath unit leveled with new piers installed & numerous beams replaced
• New front door on 1 bed / 1 bath unit
• Minor kitchen updates made in 1 bed / 1 bath unit
• Bathroom, laundry remodeled in 1 bed / 1 bath unit
• New city compliant water heater closet on 1 bed / 1 bath unit
• Dead and problematic trees were trimmed back or removed altogether
No showings unless under contract; internally or externally. If you drive by, please do not disturb the tenants. Buyer managed NOI of 85 and Cap Rate of 6.4 based on actual costs.
Location
State TX
County Guadalupe
Interior
Heating Central
Cooling Central Air,1 Unit
Flooring Linoleum
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Chain Link,Partial
Pool None
View Y/N No
View None
Roof Type Metal
Building
Story 1
Foundation Pillar/Post/Pier,Slab
Sewer Public Sewer
Water Public
Schools
School District Seguin Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional