About 531 W Gramercy Pl
**Premier Triplex Investment Opportunity in Alta Vista/Monte Vista** Presenting 531 W. Gramercy Pl., San Antonio, TX 78212-a maintained two-story triplex situated in the highly coveted Alta Vista/Monte Vista neighborhood. Spanning a total of 2,658 square feet on a .1489 acre lot, this property features three actively leased units, collectively generating $33,000 annually. The layout includes two 750 square foot 1-bedroom, 1-bathroom units on the first level, and a more spacious 1,158 square foot 2-bedroom, 1-bathroom unit on the second level. Recent property enhancements include foundation work and new drywall installation throughout, ensuring a turnkey solution for any investor. On-site gravel parking and ample street parking available. Each unit has their own electric meter. Located near prestigious educational institutions such as Trinity University, University of the Incarnate Word, and San Antonio College, and less than 4 miles from Central Downtown San Antonio and the San Antonio Riverwalk, this location is prime for attracting high-quality tenants. Offered at CAD value, this property is a rare find in a sought-after area.
Features of 531 W Gramercy Pl
| MLS® # | 1777365 |
|---|---|
| Price | $420,000 |
| Square Footage | 2,658 |
| Acres | 0.15 |
| Year Built | 1925 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 531 W Gramercy Pl |
|---|---|
| Area | 0900 |
| Subdivision | ALTA VISTA |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78212-2829 |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Wood, Siding |
|---|---|
| Exterior Features | Patio Slab, Mature Trees, Common Utility Room, Covered Patio |
| Roof | Composition, Built-Up/Gravel |
| Construction | Pre-Owned |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Cotton |
| Middle | Mark Twain |
| High | Edison |
Additional Information
| Date Listed | May 22nd, 2024 |
|---|---|
| Days on Market | 24 |
| Zoning | RM-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | JB Goodwin, REALTORS |
|---|