602 Chauncey, San Antonio, TX 78216

$665,000
6,432
SqFt

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List Price
$665,000
Status
PRICE CHANGE
Days on Market
85
Price Change
▼ $34,000 1785452617
MLS#
1965217
Year Built
1982
Living Area
6,432
Lot Size
12,980
Acres
0.30
Subdivision
Harmony Hills

Property Description

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.

Additional Information

Exterior Features
Patio Slab, Covered Patio, Has Gutters, Mature Trees, Common Utility Room
Zoning
MF-33
Heating
Central, 3+ Units
Air Conditioning
Unit Central, One Central
Exterior Construction
Pre-Owned
Exterior Features
4 Sides Masonry, Stone/Rock, Cement Fiber
Roof
Composition
Foundation
Slab
School District
North East I.S.D.
Elementary School
Harmony Hills
Middle School
Eisenhower
High School
Churchill

Listing courtesy of Listing Agent: Patricia Chavez (patriciachavez@kw.com) from Listing Office: Keller Williams Heritage.

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