$99,900
For Sale by Owner $69/sq ft
Listed 10 days ago

Multi-Family for Sale in San Antonio, TX

1202 S General McMullen Dr, San Antonio, TX 78237
Studio
5 Bath
1,440 sq ft
Built 1950
PropSlick Verified Data Key facts & insights for this exact address
$69
Price / sq ft
1950
Year Built
$2,874
Property Tax / yr
5,706 sf
Lot Size
Bexar
County

Key Facts

Property TypeMulti-Family
Year Built1950
Square Footage1,440 sq ft
Lot Size5,706 sq ft
Annual Property Tax$2,874
Price / SqFt$69

Property 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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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