602 Chauncey

San Antonio, TX 78216

602 Chauncey

  • San Antonio, TX 78216
  • Harmony Hills
  • $749000
  • N/ABed
  • N/ABath
  • 6,432SQFT

Details

StatusActive
Year Built1982
CountyBexar
Flooring
Lot Size0.298
Parking
Total Stories
CoolingUnit Central, One Central
School District North East I.S.D.
Schools Churchill, Eisenhower, Harmony Hills
Fireplace
Property Type Two Story
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.

LOCATION


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