About 2503 Suzette
Investor special! 8-unit property on a large .4+ acre lot with room for potential additional construction (check with city). Recent exterior paint enhances curb appeal. All units are identical in size-2 are currently occupied at $850/month, while 6 are in various stages of repair. (UPDATE: SELLER DECIDED TO DROP THE PRICE AND SELL AS-IS). This is a prime value-add opportunity with projected gross income of $81K+ annually once stabilized. Whether you're looking to reposition for cash flow or develop further, this property offers strong upside. Drive-by Only. Don Not disturb tenants.
Features of 2503 Suzette
| MLS® # | 1869982 |
|---|---|
| Price | $490,000 |
| Remarks | $Investor special! 8-unit property on a large .4+ acre lot with room for potential additional construction (check with city). Recent exterior paint enhances curb appeal. All units are identical in size-2 are currently occupied at $850/month, while 6 are in various stages of repair. (UPDATE: SELLER DECIDED TO DROP THE PRICE AND SELL AS-IS). This is a prime value-add opportunity with projected gross income of $81K+ annually once stabilized. Whether you're looking to reposition for cash flow or develop further, this property offers strong upside. Drive-by Only. Don Not disturb tenants. |
| Square Footage | 3,600 |
| Acres | 0.44 |
| Year Built | 1980 |
| Type | Multi-Family (2-8 Units) |
| Status | Active |
| Housing Type | Two Story |
Community Information
| Address | 2503 Suzette |
|---|---|
| Area | 0700 |
| Subdivision | N/A |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78227 |
Amenities
| Pool On Property | No |
|---|
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | Heat Pump |
Exterior
| Exterior | Wood |
|---|---|
| Exterior Features | Solar Screens |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | Northside |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| $/LivSqFt | $136 |
|---|---|
| Net Income | $47,346 |
| Building Sqft | 3,600 |
| # Units | 8 |
| Date Listed | May 24th, 2025 |
| Days on Market | 146 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Stephen Guzek |
|---|---|
| Office | Lifestyles Realty Central Texas Inc |