417 W. Gramercy Place , San Antonio, Texas

Property for Sale in San Antonio

417 W. Gramercy Place , San Antonio, TX

  • CA$1,072,445
  • 8 BEDS
  • 8 BATHS
  • 0.28 ac Land
  • CA$1,072,445

Property for Sale in San Antonio

417 W. Gramercy Place , San Antonio, TX

  • CA$1,072,445
  • 8 BEDS
  • 8 BATHS
  • 0.28 ac Land
  • CA$1,072,445

Key Facts

  • MLS® #: 1992559
  • Property ID: SIRC3437959
  • Original Price: USD 850,000
  • Property Type: Residential, Other
  • Lot Size¹: 0.28 ac
  • Year Built: 1931
  • Bedrooms: 8
  • Bathrooms: 8
  • Parking Spaces: 6

Property Description

Exceptional multifamily investment opportunity in the highly desirable Alta Vista neighborhood. This well-maintained brick fourplex features four spacious units, each offering approximately 1,400 square feet with 2 bedrooms and 2 bathrooms, for a total of 5,702 square feet of rentable space.

Designed for tenant comfort and operational efficiency, each unit is separately equipped with its own central HVAC system and water heater. Interiors feature bright, open floor plans with large living areas, separate dining spaces, spacious kitchens with appliances included, and beautiful hardwood flooring throughout. Tenants also enjoy access to a dedicated utility building with two washers and two dryers provided at no cost.

Significant capital improvements were completed in 2023, including foundation repairs, electrical upgrades, interior and exterior painting, updated lighting and plumbing fixtures, HVAC replacements and servicing, attic insulation improvements, and other deferred maintenance items, helping minimize near-term capital expenditures for a new owner.

The property includes a covered parking structure with six off-street parking spaces and offers flexibility for investors seeking stable cash flow or a value-add strategy. Existing lease discussions are underway; however, ownership can pause leasing efforts if a buyer prefers vacant units for renovations or repositioning.
Ideally located in the sought-after Alta Vista neighborhood, the property provides convenient access to Trinity University, San Antonio College, The Pearl, Downtown San Antonio, major employment centers, dining, entertainment, and cultural attractions. This is a rare opportunity to acquire a sizable multifamily asset in one of San Antonio's most established and centrally located neighborhoods.

Amenities

  • Central Air
  • Hardwood Floors
  • Historic

Listing Agents

  • Shail Patel

    O. 2104542904

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Location

417 W. Gramercy Place , San Antonio, Texas, 78212 United States

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Marketed By

Kuper Sotheby's International Realty
5000 Broadway Street
San Antonio, Texas, 78209
United States

2108228602

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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