Positioned on an expansive 0.41-acre lot in the heart of Alamo Heights, this five-unit property presents a compelling investment opportunity with meaningful upside. The property includes four units in the main building plus one detached studio (Unit 5), which is currently not operational due to foundation considerations--offering potential for future value enhancement.

Set between Broadway and Cambridge Oval, the location is a standout--highly walkable to local favorites like Merit Coffee, Bird Bakery, Paloma Blanca, and Cambridge Elementary, with Central Market and H-E-B just minutes away.

The building offers classic character with original wood floors, natural light, and functional layouts. There is clear potential for a new owner to refresh, update, and optimize the property over time, creating increased income and long-term appreciation.

Zoned MFD, the 0.41-acre lot provides flexibility for a variety of strategies. In addition to operating as a multi-family investment, buyers may explore redevelopment or increased density--subject to buyer verification, the City of Alamo Heights may allow up to nine units on the site. All zoning, development potential, and restrictions should be independently verified.

Offered as-is, this is an opportunity to acquire a well-located asset with multiple paths to add value in one of San Antonio's most desirable neighborhoods.