TWO DUPLEXES FOR SALE as is < $200k for $295,000 ARV each (gross rents $5k - $5.5k)

[Steven Wesolowski]

OFF-MARKET Opportunity:

Two Adjacent Duplexes in San Antonio (78233)

Massive Discount & High Cash Flow

DM me at (832) 266-3656 or reach me in the inbox ASAP. Cash or Hard Money Investors.

Location: San Antonio, TX (78233) – Excellent NEISD neighborhood, conveniently located near 1604 and I-35.

I'm presenting an exclusive, off-market opportunity to acquire two side-by-side duplexes in a high-demand rental and flip market. The owner recently inherited these assets and is highly motivated, offering a significant discount for a quick close this month of October.

These properties offer a substantial equity position, selling for ≈$70,000 to ≈$75,000 less than the current tax appraised values.

Investment Metrics (Per Duplex)

Both properties are now priced just under $200,000 (a reduction from the original $205,000 asking price).

• Purchase Price: $195,000 per duplex (not contingent to each other)
• Est. ARV (Flip): $295,000+ based on recent rehabbed comps.
• Rental Income: Each duplex can gross ≈$2,500 to $2,750 per month total, with average rents per door ranging from $1,250 to $1,375. This offers a combined potential rental income of $5,000+ per month for both properties.

These properties are in relatively great shape, offering flexibility for both Buy & Hold and Flip strategies.

Strategy-Specific Repair Budgets:

• Buy & Hold (Minimal Repairs): A budget of ≈$15,000 per duplex is estimated for necessary repairs to get units fully rent-ready and minimize downtime. The floors feel fine in both units.
• Flip (Retail Finish): A comprehensive rehab budget of ≈$30,000 per duplex is recommended to achieve the $295K+ ARV.

TOP DUPLEX FLIP SOLD FOR $315,000 with light rehab needs. AVG RENTS will go for $1,250 - $1,375 per month in this pocket.

Property Notes:

• Duplex 1 (a corner Lot): This property appears to be in the best condition and sits on a desirable corner lot. The floors feel absolutely great, and no apparent foundation issues have been noted.
• Duplex 2 (an interior Lot): This property is nearly identical, but has an apparent minor foundation issue at one door. This is not critical for a Buy & Hold strategy (simply tape/float), but may require foundation work if pursuing the high-end retail flip strategy.

Some Resources & Local Contacts Available.

To help you move quickly, I have analysis packets ready for qualified end-buyers.

• Video Tour: A compiled video walk-through of both duplexes is also available upon request.

We have a local team who has already assessed the properties:

• General Contractor: Lichto Construction has walked the units and confirmed the ≈$15K minimal repair budget for rent-ready condition. 
• Hard Money Lender: Searcher's Capital can provide term sheet estimates and answer financing questions.

This is a First Come, First Served (FCFS) opportunity. Please review the materials and let me know if you are interested in securing one or both of these heavily discounted duplexes.

DM me at (832) 266-3656 or reach me in the inbox ASAP. Cash or Hard Money Investors.