Leased Duplex in Alta Vista near The Pearl, San Antonio, TX

Investment Income

As stated by the seller. Cap rate is NOI ÷ asking price. Verify all figures before buying.

About This Property

Seller financing through a wraparound mortgage: 10% down, 10% interest, 30-year amortization, with a balloon payment due in 10 years. A well-maintained duplex in the Alta Vista neighborhood, minutes from The Pearl, downtown and San Antonio College. It has two 2-bedroom, 1-bath units, and per the listing both are occupied, leased at $1,215 and $1,290 a month, with water included in rent. Built in 1937 and updated over the years, it keeps its original wood floors and classic exterior details, with central HVAC. Listing photos were taken before occupancy and are virtually staged. Please do not disturb the tenants; showings need 24 hours notice.

Location

616 W Craig Pl, San Antonio, TX 78212

Owner Finance Terms

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Hey there! I'm Lina Bibian, proudly representing Colombia and deeply immersed in the world of Real Estate since 2016. My journey began with a love for the industry, driving me to become a real estate investor. I just wanted to get my hands on some properties, you know? Now, my husband and I run a family-owned business where we revamp properties, giving new families the chance to own homes that feel fresh, modern, and of top-notch quality. But, beyond the hustle, my heart lies with my two kiddos, Emiliano (or Milo, as we affectionately call him) and Celeste. They're my daily dose of inspiration to be a better version of myself. In our home, being bilingual, especially in Spanish, is a big deal. I'm not just a real estate pro; I'm also a hands-on mom, cheering on Emiliano in his soccer adventures and supporting Celeste in her love for the arts. When I'm not in work mode, you'll find me rocking the mom life. And, of course, my husband and I share this love for exploring new restaurants and savoring delicious food. Traveling is another passion of mine – I love soaking up new cultures and experiences. And above all, God is the anchor in my life, guiding my path and helping me serve others with purpose. With Him by my side, I'm always on the right track.