$1,198,000
Phenomenal Investor Opportunity at a 6% cap rate OR for an Owner-Occupant looking to offset expenses with rental income from the other side! Perfectly situated in the highly sought-after Olmos Park neighborhood, this beautiful Federal Revival style duplex offers an exceptional blend of elegant living, modern luxury finishes, and strong income potential. Spanning approximately 3,793 total square feet, the property consists of two distinct, fully renovated homes at 484 and 486, located in the acclaimed Alamo Heights Independent School District. This turnkey duplex has been meticulously renovated with luxury finishes throughout, including all new lighting, fully redesigned and updated bathrooms, and new timeless hardwood flooring, with two rooms featuring gorgeous refinished parquet. Both units are in move-in ready condition with modern kitchens and tasteful updates, making the property ideal for an owner-occupant looking to live in one side and offset expenses with rental income from the other, or for an investor seeking a premium property in one of San Antonio's most desirable areas. 484 (1-Story Home, Currently available for Lease or to be Owner-Occupied) offers approximately 1,936 square feet of living space. This spacious single-level home features a formal entry, formal living room, formal dining room, two bedrooms, two bathrooms, and an oversized office/flex space. Highlights include stunning hardwood floors throughout - with two rooms showcasing beautiful refinished parquet - abundant natural light from floor-to-ceiling windows, and a private courtyard with a back gated entrance for seamless outdoor access. The gourmet kitchen offers stainless steel appliances, while both bathrooms have been fully renovated. 486 (2-Story Home, Currently Leased) offers approximately 1,857 square feet. This elegant two-story unit features a formal entry, a cozy family room with a wood-burning fireplace, formal dining room, two bedrooms, two bathrooms, and a versatile office/flex space. All bedrooms and bathrooms are conveniently located upstairs for maximum privacy. It offers the same high-end finishes, including new hardwood floors, a brand-new kitchen with all new stainless steel appliances, new cabinets and a generous walk-in pantry, plus fully renovated bathrooms. Olmos Park offers tree-lined streets, upscale living, and convenient access to San Antonio's best dining, shopping, parks, and cultural attractions. Rare opportunities like this - high-quality, fully remodeled duplexes in this prime location - do not come along often. Whether you're seeking a sophisticated primary residence with income potential or a high-end investment property, this duplex represents an outstanding opportunity in a proven, high-demand neighborhood.
1964408
MLS
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ACTIVE
Status
484 E Olmos Dr, San Antonio
