3307 Morales

Welcome to 3307 Morales Street, a historic gem nestled in downtown San Antonio area, Texas. Location, location, location. The area is being recognized by investors for its central location and unbeatable investment opportunity. This Craftsman duplex, built in 1939, is located 10 minutes from the vibrant downtown Riverwalk. This duplex property presents an exceptional opportunity for savvy investors and DIY homeowners alike. One unit has had a full interior remodel, paint flooring, appliances, air conditioning, and more. The second unit (front 1939 Crafstman) unit needs some updating, as well as paint on the exterior and some yard work. This is a chance to continue increasing the value of this investment. Units currently have tenants. Net annual income from both units is $2,200. The Bexar County tax assessed value is $199K. Owner has listed the duplex below assessed value to allow room for new owner to continue with upgrades, paint and improvement to increase value with more sweat equity. Hurry, property wont last on the market, bring cash offers. Seller will consider owner financing at full price with large down payment.