Headshot for Associate Michaela Aden
  1. Michaela Aden, ABR,MRP,PSA,REALTOR ®,e-PRO
  2. Premier Realty Group
  3. Mobile: 210.859.3251
  4. Mobile: 210.859.3251
  5. Mobile: 210.859.3251
  6. michaela3251@gmail.com
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Property Photos
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  • MLS#: 1917590 ( Multi-Family (2-8 Units) )
  • Street Address: 1246 Waverly
  • Viewed: 126
  • Price: $675,000
  • Price sqft: $543
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 1244
  • Days On Market: 82
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78201
  • Subdivision: Woodlawn Lake
  • District: San Antonio I.S.D.
  • Elementary School: Fenwick
  • Middle School: Fenwick
  • High School: Jefferson
  • Provided by: redKorr Realty LLC
  • Contact: Richard Moya
  • (210) 888-2664
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    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!
Features
Possible Terms
  1. Conventional
  2. FHA
  3. 1st Seller Carry
  4. 2nd Seller Carry
  5. Cash
Air Conditioning
  1. Unit Central
  2. One Central
Annual Operating Expense
  1. 28685
Apprx Age
  1. 78
Block
  1. 16
Builder Name
  1. Unknown
Contract
  1. Exclusive Right To Sell
Days On Market
  1. 345
Dom
  1. 49
Elementary School
  1. Fenwick
Exterior Features
  1. Siding
Flooring
  1. Ceramic Tile
  2. Vinyl
Foundation
  1. Other
Heat
  1. Central
  2. Window Unit
Heating Fuel
  1. Natural Gas
High School
  1. Jefferson
Home Owners Association Mandatory
  1. None
Instdir
  1. IH 10 to Culebra take right on Glenmore house at corner of Waverly and Glenmore.
Legal Desc Lot
  1. 14
Legal Description
  1. Ncb 2056 Blk 16 Lot 14 And 15
Meters
  1. Separate Electric
  2. Separate Gas
  3. Separate Water
Middle School
  1. Fenwick
Net Operating Income
  1. 49141
Op Exp Includes
  1. Insurance
  2. Maintenance
  3. All Utilities
  4. Services
  5. Miscellaneous
Owner Lrealreb
  1. No
Ph To Show
  1. 8307088383
Property Type
  1. Multi-Family (2-8 Units)
Recent Rehab
  1. Yes
Roofing
  1. Heavy Composition
  2. Metal
Salerent
  1. For Sale
School District
  1. San Antonio I.S.D.
Source Sqft
  1. Appsl Dist
Style
  1. One Story
Total Tax
  1. 6632
Views
  1. 126
Virtual Tour Url
  1. https://redkorr.my.canva.site/woodlawn-lake-waverly
Water/Sewer
  1. City
Year Built
  1. 1947