TX > San Antonio > Woodlawn Lake
San Antonio, TX 78201,1246 Waverly
San Antonio, TX 78201,1246 Waverly
San Antonio, TX 78201,1246 Waverly
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$675,000
Est. payment /mo
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5 Beds
3 Baths
1,244 SqFt
Active

1246 Waverly San Antonio, TX 78201

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Franklin Torres

Franklin Torres

+1(210) 278-6698

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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

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Richard Moya • redKorr Realty LLC • (210) 888-2664

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Franklin Torres

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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1246 Waverly

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