BEDS5
BATHS3 full
SQUARE FEET1,244
MLS#1917590
STATUSBack on Market
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWOODLAWN LAKE
SCHOOLSan Antonio ISD
Property Description
Completely remodeled STR Investment property. 8.4 Cap Rate and 87% occupancy - WOW. Location couldnt 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, youll 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, theres 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; its a fantastic investment opportunity waiting for you to seize! Dont miss out-schedule your viewing today and make this gem yours!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Unit Central, One Central
Fuel Type: Natural Gas
Lot Size: 0.35 Acres
Taxes: $6,632
Year Built: 1947
Units
Unit Type 1:
Bedrooms: 3
Full Bath(s): 1
Half Bath(s): 0
Rent: $3017.00
Unit Type 2:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $1719.00
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $1922.00
Feature Descriptions
Builder Name: Unknown
Days on Site: 134
Exterior: Covered Patio, Mature Trees
Exterior: Siding
Foundation: Other
HOA Mandatory: No
Tax By Multiple Counties: No
Type: One Story
Units: 3
Water/Sewer: City
Local Schools
High School: Jefferson
Middle School: Fenwick
Elementary School: Fenwick
School District: San Antonio ISD
Listed By / Shown By
Listed By
Agency Name: redKorr Realty LLC
Agency Phone: (210) 888-2626
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 2,161.18 per month $1,422.14 Principal & Interest $552.67 Property Tax $186.38 Homeowner's InsuranceChange Payment Information
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1246 Waverly | MLS# 1917590
This multi-family property located at 1246 Waverly, San Antonio, TX 78201 is currently listed for sale with an asking price of $639,000. Waverly is located within the San Antonio ISD school district. Search San Antonio real estate on www.254sale.com today.