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    2031 Fredericksburg, San Antonio, TX 78201
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    • MLS#: 1922874 ( Commercial Improved Prop )
    • Street Address: 2031 Fredericksburg
    • Viewed: 7
    • Price: $1,600,000
    • Price sqft: $169
    • Waterfront: No
    • Year Built: 1955
    • Bldg sqft: 9456
    • Days On Market: 24
    • Additional Information
    • County: BEXAR
    • City: San Antonio
    • Zipcode: 78201
    • District: San Antonio I.S.D.
    • Provided by: eXp Realty
    • Contact: Nacole Ricks
    • (956) 207-0456
    • San Antonio, TX MLS IDX
    • DMCA Notice
    • Description
      Positioned in San Antonio's highly desirable Museum District, this 18 unit multifamily property offers a unique combination of in place cash flow, renovation upside, and rooftop downtown skyline views. Located along the well traveled Fredericksburg corridor (20,000+ vehicles daily), the property is within walking distance to H E B, restaurants, coffee shops, and city transit delivering an ideal location for working professionals and Medical Center commuters alike. Originally built in 1955 and meticulously maintained, the building spans roughly 9,456 SF on a prime corner lot. Five of the 18 units have been recently renovated (2025 scope), featuring upgraded flooring, modern lighting, refreshed kitchens and baths, and improved fixtures. The remaining units present a straightforward value add opportunity to further increase rent potential. All units are individually metered for electricity, with 18 surface parking spaces and on site laundry facilities (ownership retains income). The flat rooftop provides expansive downtown San Antonio views offering potential for a branded rooftop deck or tenant amenity space. With strong in place occupancy and a proven rent roll (approx. $14,825/mo.), investors can achieve solid returns today and meaningful upside through additional renovations, RUBS implementation, and common area enhancements.
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    Features
    Possible Terms
    1. Sale Only
    Accessibility
    1. 36 inch or more wide halls
    2. Hallways 42" Wide
    Annual Tax
    1. 16663
    Apprx Age
    1. 70
    Available W Lease
    1. No
    Buildingcenter Name
    1. MARY LOUISE APARTMENTS
    Ceiling Height
    1. 10
    Construction
    1. Brick
    Contract
    1. Exclusive Right To Sell
    Existing Exmptabatements
    1. No
    Flood Plain
    1. None
    Foundation
    1. Other
    Gas And Electric
    1. 4260
    Instdir
    1. From I-10
    2. San Antonio
    3. head south on I-10 E. Take exit 567 toward TX-345Loop/Fredericksburg Rd/Woodlawn Ave. Merge onto Frontage Rd/I-10 Frontage Rd. Turn right onto W Mulberry Ave. Turn right onto Fredericksburg Rd/U.S. 87 Bus. Property is on the left.
    Insurance
    1. 22996
    Legal Description
    1. Ncb 6700 Blk 9 Lot 13
    2. 14 & E 15 Ft Of 12
    Loading Facilities
    1. None
    Net Operating Income
    1. 107437
    Number Of Rentals
    1. 18
    Num Total Parking
    1. 20
    Number Of Units
    1. 18
    Other Tax
    1. 283.65
    Owner Lrealreb
    1. No
    Ph To Show
    1. 9562070456
    Property Type
    1. Commercial Improved Prop
    Rail Service
    1. No
    Restrictions
    1. Other
    Roof
    1. Other
    Sale Includes
    1. Buildings
    2. Land
    School District
    1. San Antonio I.S.D.
    School Tax
    1. 10794.03
    Total Tax
    1. 16663.02
    Utilities
    1. Electricity
    2. Gas
    3. Water
    4. Telephone
    5. Sewer
    6. Cable TV
    Vacancy Rate / Year
    1. 10
    Waste Removal
    1. 5700
    Water/Sewer
    1. 8400
    Year Built
    1. 1955
    Zoning
    1. MF-33