1246 Waverly, San Antonio TX, 78201
2840 Sq ft
Multi-Family (2-8 Units)
MLS: 1813726
$674,000
Last Price Updated: 2025-04-17T03:30:43 Contact an Agent Schedule a Viewing
1246 Waverly, San Antonio TX, 78201
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!
Accessibility:
Exterior Features: Patio Slab, Covered Patio, Double Pane Windows, Mature Trees, Detached Quarters
Legal: NCB 2056 BLK 16 LOT 14
Listing Agent
Kathy ClayPh: (210) 722-1827
Email: kathydodgeclay@gmail.com;kathydodgeclay@gmail.com
Property Info
- Year Built: 1947
- Approx Age: 78 Years
- Footage: 2840 Sq. Ft.
- Cooling: Two Central,Other
- Heating: Central,Other, Electric
- Roof: Composition,Metal
- Exterior: Wood
- Zoning: RM-4, NCD-8
- Foundation: Slab
- Lot: 0.225 Acres
- Lot Dimensions:
- Lot Legal Desc: 14
- Contingent Info:
- Builder: Unknown
- Net Operating Income: 65600
- Annual Operating Expense: 19400
- MISCELLANEOUS:
- OP EXP INCLUDES: Maintenance,Management,Licenses/Permits,All Utilities,Services
- Proposed Terms: Conventional,FHA,VA,Cash
Unit Info
- Total Units: 3
- Unit 1 Bedroom: 3
- Unit 1 Full Bath: 1
- Unit 1 Half Bath: 0
- Unit 1 Parking Spaces: 4, Pad
- Unit 2 Bedroom: 1
- Unit 2 Full Bath: 1
- Unit 2 Half Bath: 0
- Unit 2 Parking Spaces: 1, Pad
- Unit 3 Bedroom: 1
- Unit 3 Full Bath: 1
- Unit 3 Half Bath: 0
- Unit 3 Parking Spaces: 1, Pad
- Unit 4 Bedroom:
- Unit 4 Full Bath:
- Unit 4 Half Bath:
- Unit 4 Parking Spaces: ,
- Unit 5 Bedroom:
- Unit 5 Full Bath:
- Unit 5 Half Bath:
- Unit 5 Parking Spaces: ,
- Unit 6 Bedroom:
- Unit 6 Full Bath:
- Unit 6 Half Bath:
- Unit 6 Parking Spaces: ,
- Unit 7 Bedroom:
- Unit 7 Full Bath:
- Unit 7 Half Bath:
- Unit 7 Parking Spaces: ,
- Unit 8 Bedroom:
- Unit 8 Full Bath:
- Unit 8 Half Bath:
- Unit 8 Parking Spaces: ,
General
- Approx Age: 78 years
- Currently Leased:
- Energy Eff.:
- Green Cert:
- Green Feat:
School Info
- School District: San Antonio I.S.D.
- Elementary School: Fenwick
- Middle School: Fenwick
- High School: Jefferson
HOA
- HOA Name:
- HOA Mandatory: None
- HOA Multiple:
Taxes
- County Tax:
- City Tax:
- Other Tax:
- School Tax:
- Total Tax: $4,800
- Taxed by Multiple Counties: No
Utilities
- Meters: Separate Electric,Separate Gas,Separate Water
- Gas: CPS
- Electric: CPS
- Garbage: CITY
- Water: SAWS
- Sewer: SAWS
- Other: