1. Winney Realty Group
  2. Premier Realty Group

227 Grimes , San Antonio, TX 78203

Priced at Only: $896,000

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  • MLS#: 1894289 ( Multi-Family (2-8 Units) )
  • Street Address: 227 Grimes
  • Viewed: 28
  • Price: $896,000
  • Price sqft: $206
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 4356
  • Days On Market: 18
Description
Fully Leased 4 Plex Prime Turnkey Investment Near Downtown San Antonio An exceptional opportunity awaits with this fully occupied and newly constructed four unit property, perfectly positioned just 2.2 miles from San Antonio River Walk. Whether you're seeking immediate cash flow or a strategic addition to your rental portfolio, this turnkey asset delivers on all fronts. Each unit offers 1,089 square feet of modern living space, complete with 3 bedrooms and 2.5 baths. Designed with functionality and style in mind, interiors feature open layouts, contemporary kitchens, light wood style flooring, and updated bathrooms ideal for low maintenance ownership. Each residence includes its own private driveway and covered carport, providing added convenience for tenants or future short term guests. The property is just one block from St. Philip's College and minutes from the Alamo Dome, Frost Bank Center, Freeman Coliseum, AT&T Center, Fort Sam Houston, and major highways like I 35 and I 10. Downtown, the River Walk, and The Alamo are also just a short drive away. Whether you're interested in long term rentals or exploring Airbnb income potential, this fully leased 4 plex combines strong location, modern construction, and immediate revenue in one of San Antonio's most accessible and developing neighborhoods.
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  •   Home Insurance $
  •   HOA Fees $
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Features
Building and Construction
  • Builder Name: A & I HOMES
  • Construction: Pre-Owned
  • Exterior Features: Siding
  • Flooring: Carpeting, Vinyl
  • Foundation: Slab
  • Roofing: Composition
  • Source Sqft: Appsl Dist
School Information
  • Elementary School: Smith
  • High School: Highlands
  • Middle School: Poe
  • School District: San Antonio I.S.D.
Eco-Communities
  • Water/Sewer: City
Utilities
  • Air Conditioning: Unit Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Water
  • Recent Rehab: No
  • Utility Supplier Elec: CPS
  • Utility Supplier Grbge: CITY
  • Utility Supplier Sewer: SAWS
  • Utility Supplier Water: SAWS
Finance and Tax Information
  • Annual Operating Expense: 18606.02
  • Days On Market: 11
  • Home Owners Association Mandatory: None
  • Net Operating Income: 50993.98
  • Total Tax: 17081.02
Other Features
  • Block: 27
  • Contract: Exclusive Right To Sell
  • Instdir: Corner of Wyoming & Grimes
  • Legal Desc Lot: 14
  • Legal Description: NCB 1462 BLK 27 LOT 14
  • Miscellaneous: Home Service Plan, Bldr 10yr Warranty
  • Op Exp Includes: Taxes, Insurance, Other
  • Ph To Show: 210-222-2227
  • Salerent: For Sale
  • Style: Two Story, Contemporary
  • Views: 28
  • Zoning: RM-4
Owner Information
  • Owner Lrealreb: No
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