1522 S Elmendorf St

OWNER OCCUPANTS: This property qualifies for an FHA/VA loan. INVESTORS: Purchase this investment property without the usual income or debt verification requirements. You may qualify for a loan based strictly on your assets and the property's rental income potential (as determined by an appraisal). It's straightforward and hassle-free. No income or debt documentation required. Up to 40-year terms with an interest-only option. Only 25% down. Asset verification required. LLC-friendly. Here is your opportunity to create cash flow for life! No vacancies. Collect rent on all 3! This triplex was just built in 2023. All 3 units have been leased long-term. Annual gross rental income: $54,000. Security deposits to be transferred to the buyer: Unit 1: $3,000. Unit 2: $3,000. Unit 3: $1,500. Each apartment unit has 3 bedrooms (one down, two up) and 2 full baths (one down, one up). The interior hosts laminate flooring on the first floor, ceramic tile in the bathrooms, and carpet on the second floor. The exterior features a metal fence with double swinging gates, mature trees, and a carport to help protect vehicles on those hot/rainy days. This property is in a well-established westside neighborhood, within walking distance of parks featuring walking trails, picnic tables, a creek bed, basketball courts, and a swimming pool. This property is less than 10 minutes from downtown San Antonio, making it a great investment to buy and hold with long-term tenants, house hack, or mid/short-term rentals.