Long River Properties LLC
Listed by Long River Properties LLC
$349,000
519 & 523 Topeka 5-plex
Details
APN 383677 & 383678
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,318
Net Rentable (SqFt) 3,318
Units 5
Class B
Year Built 1934+1950
Year Renovated 2025 roof
Buildings 2
Stories 2
Acreage 0.308
Zoning R4
Investment Type Stabilized
Ground Lease No
Ownership 100%
5 Units on two large lots near central San Antonio
Marketing description
2 properties to be sold together. 519 Topeka, a 3-Plex & 523 Topeka, a Duplex share a water meter, but have individual meters for electricity. These properties are very well located and stay rented reliably. They have old world charm with high ceilings & mouldings.
Investment highlights
NEW ROOF, 30-yr dimensional, as of Jan '25. 519 Topeka & 523 Topeka are on the same water meter. The total rent for all 5 units on both properties is $3,715 per month (including $975 for 519 #1, which is currently vacant for showings). 519 Topeka has 3 units. Units 1 & 2 are very attractive, featuring an old-world charm, hardwoods throughout most of the home, and lovely moldings on the windows and doors. The rooms are spacious and inviting, with an abundance of pleasant natural light from the windows. Unit 1 is the front unit. Unit 2 is the only 2 story portion of the building. In the picture of the property, the middle stairs lead to the entrance. Central air units in 1 & 2. Unit 3-Small attractive efficiency apartment at the rear of a larger house with private parking from the street behind. Remodeled March 2025 with a new paint, a new cooktop in the kitchen area. Window unit included. 523 Topeka - duplex with two efficiencies with long term tenants.
Call broker/owner, David Foster at 512-751-1100 for showing appointments.
Listing Contacts
Long River Properties LLC
Listed by Long River Properties LLC
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