1246 Waverly

San Antonio, TX 78201

1246 Waverly, San Antonio TX, 78201

2840 Sq ft

Multi-Family (2-8 Units)

MLS: 1813726

$674,000

$698,000
Last Price Updated: 2025-04-17T03:30:43

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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

$674,000

$698,000


Est Mortgage

$3,415/mo



Listing Agent

Kathy Clay
Ph: (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:
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