1246 Waverly, San Antonio, TX 78201
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  • MLS#: 1917590 ( Multi-Family (2-8 Units) )
  • Street Address: 1246 Waverly
  • Viewed: 2
  • Price: $675,000
  • Price sqft: $543
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 1244
  • Days On Market: 40
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78201
  • Subdivision: Woodlawn Lake
  • District: San Antonio I.S.D.
  • Elementary School: Fenwick
  • Middle School: Fenwick
  • High School: Jefferson
  • Provided by: redKorr Realty LLC
  • Contact: Richard Moya
  • (210) 888-2664
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • 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!
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Features
Building and Construction
  • Apprx Age: 78
  • Builder Name: Unknown
  • Exterior Features: Siding
  • Flooring: Ceramic Tile, Vinyl
  • Foundation: Other
  • Roofing: Heavy Composition, Metal
  • Source Sqft: Appsl Dist
School Information
  • Elementary School: Fenwick
  • High School: Jefferson
  • Middle School: Fenwick
  • School District: San Antonio I.S.D.
Eco-Communities
  • Water/Sewer: City
Utilities
  • Air Conditioning: Unit Central, One Central
  • Heat: Central, Window Unit
  • Heating Fuel: Natural Gas
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Recent Rehab: Yes
Finance and Tax Information
  • Annual Operating Expense: 28685
  • Days On Market: 335
  • Home Owners Association Mandatory: None
  • Net Operating Income: 49141
  • Total Tax: 6632
Other Features
  • Block: 16
  • Contract: Exclusive Right To Sell
  • Instdir: IH 10 to Culebra take right on Glenmore house at corner of Waverly and Glenmore.
  • Legal Desc Lot: 14
  • Legal Description: Ncb 2056 Blk 16 Lot 14 And 15
  • Op Exp Includes: Insurance, Maintenance, All Utilities, Services, Miscellaneous
  • Ph To Show: 8307088383
  • Salerent: For Sale
  • Style: One Story
Owner Information
  • Owner Lrealreb: No
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