124 W Mulberry Ave, San Antonio, TX 78212
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Priced at Only: $1,050,000
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Address: 124 W Mulberry Ave, San Antonio, TX 78212
Property Location and Similar Properties
- MLS#: 1922261 ( Multi-Family (2-8 Units) )
- Street Address: 124 W Mulberry Ave
- Viewed: 33
- Price: $1,050,000
- Price sqft: $351
- Waterfront: No
- Year Built: 1925
- Bldg sqft: 2992
- Days On Market: 25
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78212
- Subdivision: Monte Vista
- District: San Antonio I.S.D.
- Elementary School: Cotton
- Middle School: Cotton
- High School: Edison
- Provided by: Uriah Real Estate Organization
- Contact: Uri Uriah
- (210) 315-8885

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DescriptionLocated in the heart of Monte Vista, one of San Antonio's most desirable and architecturally significant historic neighborhoods, 124 W Mulberry Avenue presents a rare opportunity to acquire a recently improved four unit multifamily property just minutes from Downtown San Antonio, The Pearl, Trinity University, San Antonio College, and major employment centers. Originally constructed in the 1920s, this classic building beautifully showcases its historic charm through refinished hardwood floors, high ceilings, vintage architectural details, and large windows that fill each unit with abundant natural light. Recent capital improvements have enhanced both the property's long term stability and appeal, including new HVAC systems in all four units, extensive unit renovations, foundation leveling and structural enhancements, replacement of the exterior back staircase and landing, and new front sidewalks for improved curb appeal and safety. Tenants benefit from off street parking and dual access, with onsite parking for 10+ vehicles. With four fully functional and occupied units, and its proximity to future developments such as the VIA Rapid Green Line, Project Marvel, and The BESA District this property represents a compelling investment opportunity for buyers seeking consistent cash flow, increasing NOI, and long term appreciation in one of San Antonio's premier locations. 124 W Mulberry perfectly balances historic character with modern investment performance a true trophy asset in the heart of the city's most established neighborhood.
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Features
Building and Construction
- Apprx Age: 100
- Builder Name: unknown
- Exterior Features: Wood
- Flooring: Wood
- Roofing: Metal
- Source Sqft: Appsl Dist
School Information
- Elementary School: Cotton
- High School: Edison
- Middle School: Cotton
- School District: San Antonio I.S.D.
Utilities
- Air Conditioning: Three+ Central
- Heat: Central, 3+ Units
- Heating Fuel: Electric
- Meters: Separate Electric, Common Water, Common Gas
- Recent Rehab: Yes
Finance and Tax Information
- Annual Operating Expense: 14965
- Days On Market: 11
- Home Owners Association Mandatory: None
- Net Operating Income: 35435
- Total Tax: 10372
Other Features
- Contract: Exclusive Right To Sell
- Instdir: Take I-10 E, take exit 566C toward Hildebrand Ave/Fulton Ave, turn left onto Fulton St, turn right onto Michigan Ave, turn left onto Summit Ave, turn right onto San Pedro Ave, turn left onto W Mulberry Ave
- Legal Description: NCB 1769 BLK 5 LOT 3
- Op Exp Includes: Taxes, Insurance, All Utilities
- Ph To Show: 2103786955
- Salerent: For Sale
- Style: Two Story, Historic/Older, Traditional, Craftsman, Other
- Views: 33
- Zoning: R-4 CD
Owner Information
- Owner Lrealreb: No
Similar Properties
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- Premier Realty Group
- I'll Help Get You There
- Mobile: 830.968.0220
- Mobile: 830.968.0220
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