New Listing
1202 S General Mcmullen Dr,San Antonio, TX 78237
San Antonio, TX 78237
Description
INVESTOR ALERT - Fully Occupied 5-Plex with Long-Term Tenants! Turnkey income-producing property, this five-unit multifamily is 100% occupied by long-term tenants, generating $1,940/month in gross rental income ($23,280/year). Each unit is separately metered for electricity, with owner responsible for water only - keeping operating expenses low and predictable. Rent roll: $400 / $400 / $380 / $380 / $380. At only $19,980 per unit, this is an affordable multifamily investment with immediate income and significant value-add potential. Current rents are low, providing potential upside through future improvements and rent increases. Older property being sold with tenants in place and priced accordingly. Do not disturb tenants. Buyer to verify all information. Property sold as-is. Do not disturb tenants - showings require advance notice/appointment only. Verify all rents, square footage, unit count, and income/expense figures independently.
Details
| MLS # | 2013741 |
|---|---|
| Listing Type | For Sale |
| Status | Active Option |
| Year | 1950 |
| Days On Site | 5 |
| Listing Provided By | Walter Ray Owens, Jr. - Broker | Walter Owens |
Features
| SQ Feet | 1,440 |
|---|---|
| Units | 5 |
| Acreage | 0.13 |
Interior
| Heating Fuel | Other |
|---|
Exterior
| Exterior | Siding |
|---|---|
| Exterior Features | Not Applicable/None |
Taxes
| Tax Property Id | 074150160130 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 2946.05 |
Area Information
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78237 |
| Area | Bexar |
| Community Name | GARDENDALE AREA 8 ED |
| School District | Edgewood I.S.D |
| Elementary School | Perales |
| High School | John F Kennedy |
| Listing VS Median (in GARDENDALE AREA 8 ED) | |
Price: $99,900 low | high Med: $130,000 sqft: 1,440 low | high Med: 1,296 $ / sqft: $69 low | high Med: $100 On site: 5 low | high Med: 91 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78237 |
| Area | Bexar |
| Community Name | GARDENDALE AREA 8 ED |
| School District | Edgewood I.S.D |
| Elementary School | Perales |
| High School | John F Kennedy |
| Listing VS Median (in GARDENDALE AREA 8 ED) | |
Price: $99,900 low | high Med: $130,000 sqft: 1,440 low | high Med: 1,296 $ / sqft: $69 low | high Med: $100 On site: 5 low | high Med: 91 | |
