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 2,840 sqft
Price per Sqft $246
Subdivision Woodlawn Lake
MLS Listing ID 1813726
Style Two Story
Bedrooms 5
Full Baths 3
Construction Status Pre-Owned
Year Built 1947
Annual Tax Amount $4,800
Lot Size 0.347 Acres
Property Description
Discover Your Dream Investment at 1246 Waverly Avenue! Step into a rare opportunity with this stunning triplex, perfectly nestled at the vibrant intersection of Glenmore and Waverly, right in the heart of the enchanting Woodlawn Lake Community. This iconic area, boasting a picturesque lake built in the 1880s, offers not just a home, but a lifestyle! Imagine strolling along scenic walking trails, enjoying sunny days at the dog park, or unwinding at the swimming pool-all just steps from your door. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district, with quick access to the Medical Center. 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!
Location
State TX
County Bexar
Area 0800
Zoning RM-4, NCD-8
Interior
Heating Central,Other
Cooling Two Central,Other
Flooring Ceramic Tile,Wood,Laminate
Exterior
Exterior Feature Wood
Garage Spaces 6.0
Roof Type Composition,Metal
Building
Foundation Slab
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Fenwick
Middle Schools Fenwick
High Schools Jefferson
School District San Antonio I.S.D.
Others
Acceptable Financing Conventional,FHA,VA,Cash
Listing Terms Conventional,FHA,VA,Cash