1246 Waverly, San Antonio, TX 78201 | Listings

1246 Waverly, San Antonio, TX 78201

  • $698,000
  • 2,840 sq ft
  • Year Built: 1947
  • Multi-Family
  • Listing #1813726

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!

Listing Details

Price$698,000
Year Built1947
Property TypeMulti-Family
Listing #1813726
StatusActive
CountyBexar
Listing TypeFor Sale

Interior Features

Square Feet2,840
FloorsCeramic Tile, Wood, Laminate
Heating and CoolingCentral, Other, Two Central, Other

Exterior Features

ExteriorWood
FoundationSlab
RoofComposition, Metal
Lot Size0.23 acres

Courtesy of Kathy Clay, Keller Williams Boerne210-722-1827

Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 12/23/2024 1:54 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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