$ 949,999
-
$949,999
Price -
13
Bed -
9
Bath -
7,590
SqFt
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About the Listing REAY01 - 0719713
This offering features a 9-unit multifamily property in the highly desirable Mahncke Park, with an additional single-family home at 417 Margaret Ave offered separately at $160,000. Known for its tree-lined streets, historic character, and proximity to downtown, the Pearl District, and major employment hubs, Mahncke Park continues to be one of the city's most sought-after rental markets. The multifamily property totals 7,590 SF on a 0.33-acre lot, with a strong unit mix of one-bedroom, two-bedroom, and studio layouts. Built in 1954, the asset combines classic architecture with functionality and recent updates, including exterior paint (2021), select AC replacements, and a solid roof-minimizing near-term capital requirements. With solid operations and multiple investment strategies, this property provides both immediate income and long-term upside. Whether held as a cash-flowing asset, repositioned with value-add improvements, or redeveloped in the future, the opportunities here are substantial.
Listing Highlights
Interior Details
- Bedrooms: 13
- Bathrooms: 9 Full
- Appliances: Gas Range, Refrigerator
- Air Cond: Electric,Window Unit(s)
- Heating: Central
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features
- Water:
Exterior Details
- Lot Description: Level,Many Trees,Park View
- Garage Capacity: N/A
- Parking Spaces: 9
- Roof: Built-Up,Tar/Gravel
- Others: Balcony,Preowned
- Sewer:
- Parking Features: Carport,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 061420000510
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
118 Funston Pl San Antonio, TX 78209
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