Exceptional opportunity to acquire a fully occupied duplex in the established Monticello Park area of San Antonio. This income-producing property features two spacious 3-bedroom, 1-bath units generating $2,700 in gross monthly rental income with long-term tenants already in place, providing immediate cash flow from day one.
Situated on an oversized 12,675-square-foot (0.29-acre) lot, the property offers added value beyond its current income. The site is zoned RM-4 (Residential Mixed District), a zoning classification intended to accommodate a range of residential housing types and densities. Buyers are encouraged to conduct their own due diligence regarding permitted uses, development standards, and future possibilities with the City of San Antonio.
Additional features include separately metered electric service, tenant-paid utilities, and a property that has been professionally maintained as a long-term rental investment. Whether you're seeking a stable income-producing asset, a long-term hold, or a property with future potential for development, 2118 Wilson presents a compelling investment opportunity.
In addition, the Lot Size, 12,675 Sq. Ft. footprint with deep backyard space opens an opportunity for an exact size duplex to be developed with ample parking space.
Seller financing may be available to qualified buyers with acceptable terms. Financial information, including the rent roll and operating data, is available upon request. A preliminary development schematic is available for consideration. The property's existing rental income provides cash flow while buyers conduct their own due diligence and pursue any future planning and permitting approvals with the City of San Antonio.
PROPERTY SPECIFICATIONS RECAP:
• Structure: Income producing, 2-Story Duplex (Fully Leased)
• Zoning: RM-4 (Residential Mixed District)
• Multifamily Development Potential
• Parking & Access: Private dedicated parking nestled quietly behind the structure via Canfield St., featuring mature shade trees and excellent privacy.
• Tenancy: 100% occupied by exceptional, multi-year, long-term residents on flexible month-to-month terms.
• Utilities: Separate electric meter
AVAILABLE: Offering Memorandum, Schematic for Multifamily Development , Flyers detailing the property assets.
