Fully Leased Triplex with Private
110 Azucena Street San Antonio, TX 78237
110 Azucena Street, San Antonio, TX, 78237
$229,900
For Sale
$229,900
Three leased units each offer 2 bedrooms, 1 bathroom, plus assigned parking and a private yard space.
Property Size1,988 SF
Price / SF$115.64
Days on Market522
Property Features for 110 Azucena Street
General Information
- Standard status
- Active
- Size
- 1,988 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1988
Listing agency
eXp Realty
(210) 889-7495
Listed by
Betsy Nava-Flores
(210) 889-7495
Source
Compass
Added: Feb 14, 2025 Updated: Jul 21 at 12:12AM Checked: Jul 21 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This fully leased triplex consists of three separate units, and each unit includes 2 bedrooms and 1 bathroom. The property also provides assigned parking and includes a private yard space for each unit, offering outdoor room suitable for daily use.
Located near St. Mary’s University and Our Lady of the Lake University, the property is positioned close to public transportation, medical facilities, and downtown San Antonio.
With all units currently rented, the property provides immediate in-place occupancy for an owner seeking residential income from a three-unit structure.
Located near St. Mary’s University and Our Lady of the Lake University, the property is positioned close to public transportation, medical facilities, and downtown San Antonio.
With all units currently rented, the property provides immediate in-place occupancy for an owner seeking residential income from a three-unit structure.
Key Highlights
- Fully leased triplex with 3 units, all currently rented for immediate income
- Each unit offers 2 bedrooms and 1 bathroom, creating a consistent unit mix
- Each unit includes 2 assigned parking spaces plus a private yard space
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 | $39.4k | $19.80 |
| − Vacancy | −$2.4k | −$1.23 |
| EGI | $36.9k | $18.57 |
| − OpEx | −$16.6k | −$8.36 |
| NOI | $20.3k | $10.21 |
1,988 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$326.9K
$286.0K – $381.4K
NOI $22,882 @ 7.0% cap · market cap 9.95%
Second Best
Apartment 5plus
$290.1K
$253.8K – $338.5K
NOI $20,307 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,497 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Three leased units each offer 2 bedrooms, 1 bathroom, plus assigned parking and a private yard space.
Where is this triplex located?
The property is located at 110 Azucena Street San Antonio, TX.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Fully leased triplex with 3 units, all currently rented for immediate income; Each unit offers 2 bedrooms and 1 bathroom, creating a consistent unit mix; Each unit includes 2 assigned parking spaces plus a private yard space
