1. Winney Realty Group
  2. Premier Realty Group

722 Menefee , San Antonio, TX 78237

Priced at Only: $325,000

Would you like to sell your home before you purchase this one?

  • MLS#: 1887042 ( Multi-Family (2-8 Units) )
  • Street Address: 722 Menefee
  • Viewed: 39
  • Price: $325,000
  • Price sqft: $170
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 1908
  • Days On Market: 44
Description
Fully 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
  • Days On Market: 12
  • 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
  • Views: 39
  • Zoning: R-6
Owner Information
  • Owner Lrealreb: No
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