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$ 1,600,000
Est. payment /mo
New
2031 Fredericksburg San Antonio, TX 78201
9,456 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 9,456 sqft
Price per Sqft $169
MLS Listing ID 1922874
Construction Status Brick
Year Built 1955
Annual Tax Amount $16,663
Lot Size 0.483 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Positioned in San Antonio's highly desirable Museum District, this 18-unit multifamily property offers a unique combination of in-place cash flow, renovation upside, and rooftop downtown skyline views. Located along the well-traveled Fredericksburg corridor (20,000+ vehicles daily), the property is within walking distance to H-E-B, restaurants, coffee shops, and city transit-delivering an ideal location for working professionals and Medical Center commuters alike. Originally built in 1955 and meticulously maintained, the building spans roughly 9,456 SF on a prime corner lot. Five of the 18 units have been recently renovated (2025 scope), featuring upgraded flooring, modern lighting, refreshed kitchens and baths, and improved fixtures. The remaining units present a straightforward value-add opportunity to further increase rent potential. All units are individually metered for electricity, with 18 surface parking spaces and on-site laundry facilities (ownership retains income). The flat rooftop provides expansive downtown San Antonio views-offering potential for a branded rooftop deck or tenant amenity space. With strong in-place occupancy and a proven rent roll (approx. $14,825/mo.), investors can achieve solid returns today and meaningful upside through additional renovations, RUBS implementation, and common-area enhancements.
Location
State TX
County Bexar
Area 0800
Zoning MF-33
Exterior
Garage Spaces 20.0
Utilities Available Electricity, Gas, Water, Telephone, Sewer, Cable TV
Roof Type Other
Building
Story 2
Foundation Other
Level or Stories 2
Construction Status Brick
Schools
School District San Antonio I.S.D.
Others
Acceptable Financing Sale Only
Listing Terms Sale Only
Listed by Nacole Ricks • eXp Realty • (956) 207-0456