722 Menefee , San Antonio, TX 78237
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Priced at Only: $325,000
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Address: 722 Menefee , San Antonio, TX 78237
Property Location and Similar Properties
- MLS#: 1887042 ( Multi-Family (2-8 Units) )
- Street Address: 722 Menefee
- Viewed: 6
- Price: $325,000
- Price sqft: $170
- Waterfront: No
- Year Built: 1960
- Bldg sqft: 1908
- Days On Market: 2
- Additional Information
- County: BEXAR
- City: San Antonio
- Zipcode: 78237
- Subdivision: South San Antonio
- District: Edgewood I.S.D
- Elementary School: Roy Cisneros
- Middle School: Brentwood
- High School: John F Kennedy
- Provided by: eXp Realty
- Contact: Nacole Ricks
- (956) 207-0456
- DMCA Notice
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DescriptionFully Remodeled, Cash Flowing Duplex w/ Long Term Tenants + Solar Panels 100% Financing Available! Looking for a low maintenance, high performing rental that cash flows from Day One? This is a rare fully renovated duplex delivering $3,000/mo. in gross rent w/excellent long term tenants already in place. Each side of this thoughtfully updated property features 3 bed 1 bath & 3 bed 1.5 bath, & a shared laundry area. Sizable units spanning over 1,900 sqft. Renovated from the ground up just a couple of years ago, the upgrades include a new roof, exterior stucco, HVAC systems, water heaters, flooring, cabinets, bathrooms, lighting & more. Plus, owned solar panels slash utility costs and increase long term ROI. Both units are occupied by respectful, long term tenants one for over 4 years, both pay on time & take great care of the property. Unit 2 is currently month to month, providing flexibility for rent increase, future owner occupant or Airbnb opportunity which could increase gross monthly income to $3,000+ per unit per month. NO HOA. This property qualifies for 100% Financing for FHA, VA & Conventional loans. Snag up this rare opportunity before someone else does...
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Features
Building and Construction
- Apprx Age: 65
- Builder Name: Unknown
- Construction: Pre-Owned
- Exterior Features: Wood
- Flooring: Vinyl
- Roofing: Composition
- Source Sqft: Appsl Dist
School Information
- Elementary School: Roy Cisneros
- High School: John F Kennedy
- Middle School: Brentwood
- School District: Edgewood I.S.D
Utilities
- Air Conditioning: Two Central
- Heat: Other
- Heating Fuel: Electric
- Meters: Common Water, Common Electric
- Recent Rehab: Yes
Finance and Tax Information
- Annual Operating Expense: 7000
- Home Owners Association Mandatory: None
- Net Operating Income: 29000
- Total Tax: 4101.85
Other Features
- Contract: Exclusive Right To Sell
- Instdir: Take the Cupples Rd exit. Turn right onto Cupples Rd. Turn right onto Menefee Blvd. Destination is the 6th house from the left.
- Legal Desc Lot: 13
- Legal Description: Ncb 12698 Blk 3 Lot 13
- Op Exp Includes: Taxes, Maintenance, All Utilities
- Ph To Show: 9562070456
- Salerent: For Sale
- Style: One Story
- Zoning: R-6
Owner Information
- Owner Lrealreb: No
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