1246 Waverly Ave - Multi-Family FOR SALE


San Antonio, TX 78201- Woodlawn Lake
$695,000 USD
830-708-8383
1246 Waverly Ave, San Antonio, TX for Sale
$695,000 USD
Multi-Family - FOR SALE
1/1
null | 8.17% Cap Rate

1246 Waverly Ave
San Antonio, TX 78201
Woodlawn Lake


OVERVIEW

Completely remodeled Investment property with Owner Financing as an Option. All 3 Units are STR. 87% Occupancy and 8.17 Cap Rate. Download brochure to see all pictures and the property details. 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 short- and 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!

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

3

PRICE/UNIT

$231,667

CAP RATE

8.17%

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waverly Lake Multi-Family Units

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

02056-016-0140

ASK ABOUT THIS PROPERTY

Aaron MatthewsRedKorrMore Info
830-708-8383

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Aaron MatthewsRedKorrMore Info
830-708-8383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.