1246 Waverly Active Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78201
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $542
Subdivision Woodlawn Lake
MLS Listing ID 1917590
Style One Story
Bedrooms 5
Full Baths 3
Year Built 1947
Annual Tax Amount $6,632
Lot Size 0.347 Acres
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Completely remodeled STR Investment property with Owner Financing as an Option. 8.4 Cap Rate and 87% occupancy - WOW. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district. Zoned RM-4-an extraordinary rarity in this sought-after lakeside enclave-this property stands out as a prime investment. With three meticulously rehabbed units (2022) and no HOA to worry about, you'll appreciate the current gross annual income of $85K and an impressive cap rate. Two units are already rented with established leases, while the front unit offers fantastic shorthand mid-term rental potential. Plus, with RM-4 zoning, there's room to add a charming tiny house! Included in this incredible package are all furnishings and an inventory of everything you need to hit the ground running. This property is not just a triplex; it's a fantastic investment opportunity waiting for you to seize! Don't miss out-schedule your viewing today and make this gem yours!
Location
State TX
County Bexar
Area 0800
Interior
Heating Central,Window Unit
Cooling Unit Central,One Central
Flooring Ceramic Tile,Vinyl
Exterior
Exterior Feature Siding
Garage Spaces 7.0
Roof Type Heavy Composition,Metal
Building
Foundation Other
Sewer City
Water City
Schools
Elementary Schools Fenwick
Middle Schools Fenwick
High Schools Jefferson
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional,FHA,1st Seller Carry,2nd Seller Carry,Cash
Listing Terms Conventional,FHA,1st Seller Carry,2nd Seller Carry,Cash
Virtual Tour https://redkorr.my.canva.site/woodlawn-lake-waverly