Jefferson Terrace Real Estate

Jefferson Terrace Real Estate

$399,000
1997664 MLS ACTIVE Status
** TURNKEY DUPLEX * Cash-Flowing Day One * Zoned for 4 Units Investor-ready and producing income from day one. Preliminary plans for additional 2 units already drawn up and will convey. Two fully renovated 3-bed/1-bath units - 2,408 sq ft total - with **long-term tenants already in place**: * Unit A - $1,495/mo * Unit B - $1,400/mo * **Combined: $2,895/mo * $34,740 gross annual rent** Market comps support an immediate bump to **$3,000-$3,100/mo combined** with the next lease cycle - that's $36k-$37k gross with zero upgrade work needed. **Built 1950 * Comprehensively renovated 2021:** * 2021 roof, HVAC, siding, exterior + interior paint * 2021 LVP flooring throughout, modern cabinetry, updated countertops, new appliances * Washer/dryer hookups in BOTH units **Separate electric meters** (tenants pay their own - owner cash flow stays clean) * 1-car garage per unit + long driveway + ample street parking **The standout feature:** an **exclusive rooftop deck over the garage** with private staircase access - currently the upstairs unit's primary entrance and a major draw for premium tenants. **The hidden upside that makes this a deal:** Zoned **up to 4 units**. Plans included for a **second duplex behind the existing structure** - turning a $35k/yr property into a potential $70k+/yr asset on the same lot. **Operations couldn't be cleaner:** * Tenants treat the property like their own - they maintain the landscaping themselves * No deferred maintenance - every major system replaced in 2021 * Stable lease history, no vacancy gaps **Location wins:** * Walking distance to **Woodlawn Lake** * Heart of the **Deco District** - one of San Antonio's fastest-appreciating submarkets * Minutes to **Downtown San Antonio** * Quiet residential street with persistent rental demand **Bottom line:** Already producing, already updated, already tenanted - AND has a documented expansion path to nearly double the income on the same parcel. Rare 1031 / buy-and-hold combo. **Showings by appointment - serious buyers only.** Tenants on premises.

130 Senisa Dr, San Antonio

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Jefferson Terrace Homes for Sale

A well-established community located in Northwest San Antonio, Jefferson Terrace has continued to attract interest from homebuyers looking in this area. The real estate in this neighborhood was built in the 1960s, giving that historic appeal that some homebuyers search for. Homes for sale in Jefferson Terrace represent a wide range of designs and styles that sit on quarter-acre lots and features 3 bedrooms and 2 bathrooms and are approximately priced around $120,000 to $300,000. Jefferson Terrace offers numerous amenities for its residents to enjoy some of which include many great parks and playgrounds like Woodlawn Lake Park, a pet-friendly place making it perfect for animal lovers. Additionally, the neighborhood is close to shopping, dining, and entertainment venues like Splashtown, San Antonio Zoo, and the Tobin Center for Performing Arts. Families are sure to find something to spend the time with. As for the school, families with children are zoned to the San Antonio ISD and attend Madison Elementary, Longfellow Middle, and Jefferson High School. Check out these listings of homes for sale in Jefferson Terrace. Register for free to receive email alerts whenever new listings hit the market in Jefferson Terrace or the whole of San Antonio.