$450,000
4
Units
Property Type
Two Story
Status
Active
Price Type
Distressed
Year Built
1960
Neighborhood
Emma Frey Area Ed
Days on Website
30
Property Map
$450,000 – 811 General Mcmullen Dr, San Antonio, TX 78237
Street View
Courtesy of Epique Realty LLC, Matthew Solis {attribution_contact}
Description
EXTREMELY MOTIVATED SELLER!!! This quadplex offers incredible cash flow potential and a strong ROI. One unit is fully renovated, while the other three present a value-add opportunity to increase equity and rental income. Located just 2 miles from Our Lady of the Lake University and within walking distance to shops, parks, and amenities, this property is in a prime location for attracting tenants. Investors can expect consistent income and great long-term appreciation.
Property Details and Features
Listing
- 29 cumulative days on market
- 29 days on market
- Listing date: 2024-10-23 05:00:00
- Price per square foot: $167
Location
- County: Bexar
- Subdivision: EMMA FREY AREA ED
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 2 bedrooms in unit 3
- 2 bedrooms in unit 4
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
Building
- 2,699 square feet
- 4 total units
- Approximate age: 64 years
- Built in 1960
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Dishwasher
- Oven/Stove
- Refrigerator
Exterior Features
- Patio Slab
- Siding
Floors
- Ceramic Tile
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $40,560
- Unit 1 rent: $1,000
- Unit 2 rent: $1,000
- Unit 3 rent: $1,300
- Unit 4 rent: $1,400
- 8% vacancy rate
- Annual operating expense: $10,200
- Gross annual income: $50,760
- Maintenance
- Services
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Pad
- 1 parking space for unit 2
- Unit 2 parking type: Pad
- 1 parking space for unit 3
- Unit 3 parking type: Pad
- 1 parking space for unit 4
- Unit 4 parking type: Pad
Lot
- Lot size: 0.114
Schools
- School district: Edgewood I.s.d
- Elementary school: Las Palmas
- Middle school: Gus Garcia
- High school: John F Kennedy
Cooling
- Window/Wall
Heating
- Natural Gas
- None
Utilities
- Other
- City
Taxes
- Total tax amount: $7,540