1246 Waverly

San Antonio, TX 78201

1246 Waverly

San Antonio, TX 78201

$675,000

2 months, 22 days, 40 minutes on market
StatusActive
Year Built1947
CountyBexar
Flooring
Lot Size0.347
Parking
Total Stories
CoolingUnit Central, One Central
School District San Antonio I.S.D.
Schools Jefferson, Fenwick, Fenwick
Fireplace
Property Type One Story

Property Details

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!




Courtesy of Redkorr Realty Llc

This real estate information comes in part from the Internet Data Exchange/Broker Reciprocity Program. Information is deemed reliable but is not guaranteed.
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