Cozy fourplex with happy tenants

This well-maintained rental property has three 1-bedroom units in addition to the original 2-bedroom home. Utilities are included in the rent, since there is one electric meter and one central air conditioning and heating unit. The fourplex is located in a convenient area of south San Antonio, close to major thoroughfares and downtown and near the bus line.

Tenant and plumbing problems caused 5 months of unusually high vacancy rates and repair expenses in '09. The onsite property manager has turned it around. She does a great job keeping the units leased and in good repair, and would be willing to stay on.