9718 Caney Creek, San Antonio, TX 78245

$400,000
11
BD
11
BA
1,822
SqFt
List Price
$400,000
MLS#
1873708
Status
ACTIVE
County
Bexar
City
San Antonio
Subdivision
Adams Hill
Bedrooms
11
Bathrooms
11
Full Baths
11
Living Area
1,822
Acres
0.23

Property Description

SELLER WILL FINANCE THE WRAPAROUND MORTGAGE WITH 20% DOWN, INTEREST RATE 8%, AMORTIZED OVER 30 YEARS AND BALLON IN 5 YEARS. INCREDIBLE INVESTMENT OPPORTUNITY/ INCOME POTENTIAL AND RARE OPPORTUNITY IN ADAMS HILL! THIS UNIQUE PROPERTY HAS BEEN CUSTOMIZED TO INCLUDE 11 BEDROOMS AND 11 FULL BATHROOMS INCOME -PRODUCING PROPERTY + RV UNIT!! OFFERING FLEXIBILITY FOR A VARIETY OF LIVING OR INVESTMENT OPTIONS! A RARE FIND IN SAN ANTONIO OFFERING A FULLY FURNISHED, INCOME-GENERATING PROPERTY DESIGNED FOR HIGH OCCUPANCY AND CASH FLOW. THIS UNIQUE HOME FEATURES 11 PRIVATE BEDROOMS, 11 FULL BATHROOMS, AND AN ADDITIONAL RV TRAILER UNIT, EACH WITH INDIVIDUAL RENTAL POTENTIAL. EACH BEDROOM INCLUDES A PRIVATE FULL BATHROOM, IDEAL FOR MULTI- GENERATIONAL LIVING, SHORT - TERM RENTALS. CENTRAL LOCATION WITH EASY ACCESS TO HWY 90, LOOP 410, LACKLAND AFB, SHOPPING, DINING AND SCHOOLS. PROPERTY HIGHLIGHTS: EACH ROOM HAS ITS OWN PRIVATE FULL BATHROOM, ALL ROOMS COME FURNISHED WITH BEDS AND CLOSETS, 12 TOTAL RENTABLE UNITS (INCLUDING RV TRAILER), 12 DEDICATED PARKING SPACES INSIDE THE PROPERTY, 21 FULLY PAID-OFF SOLAR PANELS, COIN-OPERATED WASHER & DRYER GENERATES APPROX. $300-$400/MONTH, NEW 5-TON HVAC SYSTEM WITH WARRANTY, NEW BOILER WITH WARRANTY, NEW ROOF WITH 30-YEAR WARRANTY, NEW SIDING/SHINGLES AROUND THE ENTIRE HOME. CURRENT ROOM RENTAL INCOME: ROOMS 1-3, 5-7, 8-10: $600/MONTH, ROOM 4: $700/MONTH (LARGER ROOM), ROOM 11: $550/MONTH (SMALLER ROOM), RV TRAILER UNIT: $650/MONTH. TOTAL POTENTIAL MONTHLY INCOME: $7,600+ MONTHLY UTILITY EXPENSES (SAMPLE):ELECTRICITY: RANGES FROM $239 TO $429 (BASED ON OCT-JAN USAGE). WATER: RANGES FROM $197 TO $236 (BASED ON SEP-DEC USAGE). INTERNET: $50/MONTH. DONT MISS OUT THE CHANCE TO OWN THIS EXTRAORDINARY INCOME - PRODUCING PROPERTY. A TRUE GEM IN SAN ANTONIO PERFECT FOR INVESTORS SEEKING STRONG RETURNS IN A GREAT LOCATION. NO HOA!!

Additional Information

Days on Market
39
Year Built
1973
Style
One Story
Stories
1
Builder Name
Pre Owned
Interior Features
Ceiling Fans, Washer Connection, Dryer Connection, Washer, Dryer, Microwave Oven, Stove/Range, Refrigerator, Gas Water Heater, City Garbage service
Master Bdr Desc
DownStairs, Full Bath
Fireplace Description
Not Applicable
Cooling
One Central
Heating
Central
Exterior
Brick
Roof
Composition
Floor
Laminate
Pool Description
None
Parking
None/Not Applicable
School District
Northside
Elementary School
Adams Hill
Middle School
Pease E. M.
High School
Stevens

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Maria Gonzalez (Elisa.gonzalez.realtor@gmail.com) from Listing Office: San Antonio Elite Realty.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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