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.
Listed By
Agency Name: Keller Williams Heritage
Agency Phone: (210) 493-3030
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 3,019.07 per month $1,666.95 Principal & Interest $1,133.67 Property Tax $218.46 Homeowner's Insurance
602 Chauncey | MLS# 1965217
This multi-family property located at 602 Chauncey, San Antonio, TX 78216 is currently listed for sale with an asking price of $749,000. Chauncey is located within the North East ISD school district. Search San Antonio real estate on www.kellyrealtors.com today.