2527 Observation, San Antonio, TX 78227
- 1,965 sqft
Multi-Family Home
Built in 2022
9,714sqft lot
—— car garage
$183/sqft
Listed 2 months ago
Property Description
Positive monthly cash flow! This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.
- Listing Status:
- Active
- Date Added:
- April 29, 2025 at 05:00AM
- Listing Office:
- Real Broker, LLC : (855) 450-0442
- Listing Agent:
- Dominique Jimenez : (210) 800-5525
- MLS ID:
- 1862247
- Flooring: Laminate
- A/C: Window/Wall
- Heating: Window UnitElectric
This listing courtesy of Dominique Jimenez, Real Broker, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Westwood Terrace Elementary School
2315 Hackamore Ln, San Antonio, TX, 78227
Grades PK-5
0.52 miles away
Anson Jones Middle School
1256 Pinn Rd, San Antonio, TX, 78227
Grades 6-8
1.91 miles away
John Jay High School
7611 Marbach Rd, San Antonio, TX, 78227
Grades 9-12
1.06 miles away