Property Description

This newly constructed triplex, scheduled for completion in April, presents an ideal house-hack or investment opportunity and is well-suited for a 1031 tax exchange. Could be a great accelerated depreciation opportunity with a cost segregation study. Market rents are up to $2000 a month. The property includes three separate four-bedroom units, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. An owner can live in one unit while renting the others to help offset expenses and generate income. Each unit features quality finishes designed for owner-occupant or premium rental use, including wide-plank LVP flooring, quartz countertops, central air conditioning, fire sprinklers, and separate water and electric meters. Private, fenced backyards provide additional outdoor space for each residence. Located across from a park and playground, with a basketball court nearby, the setting adds everyday convenience and rental appeal. The property offers easy access to downtown and is within walking distance of the Spurs arena, supporting both short-term and long-term rental demand. This is one of the last new homes in the area built prior to recent zoning changes, making it a rare new-construction multifamily offering in this location. Each unit includes four bedrooms with bathrooms on every floor. The fourth bedroom allows flexibility for use as an office, sitting area, or expanded closet, giving the third floor the option to function as a private suite. Appliances to be installed before closing include a GE stainless steel dishwasher, over-the-range microwave, and five-burner slide-in electric range.

Property Features

Units

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