Priced to sell!! An updated bungalow, a spacious two-lot property and room to explore additional rental income in Denver Heights! Conveniently located near Downtown San Antonio, Southtown and the Alamodome, with access to I-10 and I-37, this property offers an opportunity for an investor to improve the existing home and revisit an unfinished development concept. The 2-bedroom, 1-bath bungalow features an updated kitchen with white cabinetry and modern countertops, an updated bathroom and a covered front entry. Central HVAC equipment is present, although the outdoor condenser requires repair or replacement. Foundation and localized flooring repairs might be needed before returning the home to rental use. The approximately 7,500-square-foot property comprises Lots 50 and 51 and features RM-4 zoning, driveway parking and rear alley access. The prior development concept envisioned a two-story duplex behind the existing home, with two approximately 1,400-square-foot residences, each offering three bedrooms and two bathrooms. Together with the bungalow, that concept proposed three total residences and multiple sources of rental income. Foundation formwork and plumbing rough-ins remain visible in the backyard. Bring your contractor to evaluate the existing work and explore the potential to complete the prior development concept. The rear duplex is unfinished, and any future construction or use is subject to buyer verification and required approvals. REO property sold AS-IS. Potential seller financing may be available for qualified buyers with a one-year loan term.
Listing courtesy of Listing Agent: Nicholas Martin (nick@virtuouspropertiestx.com) from Listing Office: Virtuous Properties, LLC.
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