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.
| MLS # | 1965217 |
|---|---|
| Listing Type | For Sale |
| Status | Active Option |
| Year | 1982 |
| Days On Site | 115 |
| Listing Provided By | Keller Williams Heritage | Patricia Chavez |
| SQ Feet | 6,432 |
|---|---|
| Units | 6 |
| Zoning | MF-33 |
| Acreage | 0.30 |
| Heating Fuel | Electric |
|---|
| Exterior | 4 Sides Masonry, Stone/Rock, Cement Fiber |
|---|---|
| Exterior Features | Patio Slab, Covered Patio, Has Gutters, Mature Trees, Common Utility Room |
| Foundation | Slab |
| Waterorsewer | City |
|---|
| Tax Property Id | 139330040090 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 13604.85 |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78216 |
| Area | Bexar |
| Community Name | HARMONY HILLS |
| School District | North East I.S.D. |
| Elementary School | Harmony Hills |
| High School | Churchill |
| Listing VS Median (in HARMONY HILLS) | |
Price: $665,000 low | high Med: $274,500 sqft: 6,432 low | high Med: 1,650 $ / sqft: $103 low | high Med: $168 On site: 115 low | high Med: 26 | |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78216 |
| Area | Bexar |
| Community Name | HARMONY HILLS |
| School District | North East I.S.D. |
| Elementary School | Harmony Hills |
| High School | Churchill |
| Listing VS Median (in HARMONY HILLS) | |
Price: $665,000 low | high Med: $274,500 sqft: 6,432 low | high Med: 1,650 $ / sqft: $103 low | high Med: $168 On site: 115 low | high Med: 26 | |