602 Chauncey is a 6-unit multifamily investment opportunity located in North Central San Antonio. Zoned MF-33 and built in 1982, the property consists of two buildings totaling approximately 6,432 SF, with Building 1 at approximately 4,200 SF and Building 2 at approximately 2,232 SF. The unit mix includes five 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. The property benefits from long-term tenants, separate electric meters, a large shared tenant storage room, and an on-site utility/laundry room with several coin-operated washers and dryers. Landlord currently pays water, creating potential future upside through RUBS implementation at lease renewal. Reported 2025 NOI is $40,271.85 with additional upside potential through rent growth, utility reimbursement, laundry income, and operational improvements. This asset offers investors a stabilized multifamily property with value-add potential in an established San Antonio rental submarket. Marketing package available upon request.
6,432 Sq Ft
0.298 Acres privados Tamanho do lote
outros
US$ 1.134 Imposto mensal
Construído em 1982
MLS/ID do anúncio 1965217
Lote nivelado
Level Drive
Estilo - Dois andares
Pátio coberto
Azulejo cerâmico
Slab
Composição
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