For Sale

Listed by Melissa Stagers from Mstagers and Partners

Source: San Antonio Board of Realtors® #1841920

506 East Ashby Avenue, San Antonio, TX, 78212

$500,000

2
1
1174 sq. ft.
0.17 ac.

SingleFam

•

30+ days on the market

What's around 506 East Ashby Avenue

About this property

Rare Gem Alert in San Antonio's Trendiest Neighborhood! Seize the rare chance to own a piece of Tobin Hill, the fastest-growing hip neighborhood in San Antonio. This stunning 2-bedroom, 1-bathroom home, styled as a mid-century modern bungalow, comes fully furnished and ready to dazzle-so much so, even Travolta would be impressed! Currently fetching a cool $2,900 monthly rent and maintaining full occupancy as a mid-term rental since April 2022, this home is a money-making machine. With the current tenant on a month-to-month lease and set to vacate soon, the owners have decided to list this beauty. Keep it in the rental pool and rake in the cash like a real estate mogul or move in and enjoy boogie nights at Brass Monkey, coffee at Candlelight, lunches at Demo's, live music at Paper Tiger or The Mix, and delightful dinners on the patio of Santa Diabla. There are over a dozen affordable restaurants and bars within a three-minute walk. Feeling adventurous? Travel a whopping mile to the upscale aura of the Pearl. Not your vibe? The Main St. Strip, Broadway Strip, and downtown are also just a mile away! If you want to be in the heart of it all, this is the spot! The house sits on a huge lot with the potential for 2-3 additional units in the rear. The owner has fantastic architectural renderings that meet all city and association requirements, ready for a developer or investor to take this parcel and their real estate status to the next level. As vibrant and exciting as the area is, you're never far from a quiet night on the back porch or binge-watching your favorite show in the living room. The detached shed on the property could be converted to a "she shed" or "man cave" if desired. We anticipate a great deal of interest being it's been over 5 years since a SFH was available this close to the center of the St. Mary's Strip, so please come with your best offer. The sellers are selling only because they have several other priority developments in the works and want this gem to go to a lucky and capable new owner.

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