519 Hammond Avenue San Antonio, TX 78210
Six-unit multifamily property with updated interiors, near downtown.
Property Features for 519 Hammond Avenue
General Information
- Standard status
- Active
- Size
- 3,052 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1940
Listing office RE/MAX Preferred, REALTORS (210) 414-6719
Listing date Mar 2, 2025
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing property with potential for increased revenue.
- Six individual units, each with 1 bedroom and 1 bathroom.
- Recently updated units featuring contemporary design.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.4k | $19.80 |
| − Vacancy | −$3.7k | −$1.23 |
| EGI | $56.7k | $18.57 |
| − OpEx | −$25.5k | −$8.36 |
| NOI | $31.2k | $10.21 |
