127 W Magnolia Ave

San Antonio, TX 78212
Square Ft.
11,258
$1,380,000
A remarkable opportunity to acquire a stately 12-unit multifamily property prominently situated on a corner lot in the Monte Vista Historic District-one of the city's most beloved neighborhoods. Offered for the first time in more than five decades, this fine, historic apartment building offers enduring charm and architectural significance. EachRead MoreRead Less
Courtesy of GIC Properties, Robert Libby (210) 821-1122
Listing Snapshot
Days Online
69
Last Updated
Property Type
Two Story
Square Ft.
11,258
Lot Size
0.42 Acres
Year Built
1927
MLS Number
1958681
Property Location Map
Additional Details
Accessibility Features
Unit 1 disability access: No, Unit 2 disability access: No, Unit 3 disability access: No, Unit 4 disability access: No, Unit 5 disability access: No, Unit 6 disability access: No, Unit 7 disability access: No, Unit 8 disability access: No
Building
11,258 square feet, 12 total units, Approximate age: 99 years, Built in 1927, Builder: Not Known, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings, Oven/Stove, Refrigerator, Window Coverings
Exterior Features
Solar Screens, Special Yard Lights, Mature Trees, Common Utility Room, Level, 4 Sides Masonry, Stucco
Floors
Wood
Roof
Other
Miscellaneous
Net operating income: $64,490, Unit 1 rent: $945, Unit 2 rent: $945, Unit 3 rent: $1,068, Unit 4 rent: $995, Unit 5 rent: $995, Unit 6 rent: $1,168, Unit 7 rent: $1,095, Unit 8 rent: $995, 5% vacancy rate, Annual operating expense: $86,647, Gross annual income: $159,092, Taxes, Insurance, Maintenance, Management, All Utilities
Parking
1 parking space for unit 1, Unit 1 parking type: Pad, 1 parking space for unit 2, Unit 2 parking type: Pad, 1 parking space for unit 3, Unit 3 parking type: Pad, 1 parking space for unit 4, Unit 4 parking type: Pad, 1 parking space for unit 5, Unit 5 parking type: Pad, 1 parking space for unit 6, Unit 6 parking type: Pad, 1 parking space for unit 7, Unit 7 parking type: Pad, 1 parking space for unit 8, Unit 8 parking type: Pad
Lot
Lot size: 0.418
Property
Zoning: MF33
Cooling
Window/Wall
Heating
Electric, Natural Gas, Window Unit, Other
Utilities
Separate Electric, Separate Gas, Common Water
Taxes
Total tax amount: $35,690
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