Active
  • $695,000

    1246 Waverly Ave, San Antonio, TX 78201

    --beds
    --baths
    2,840sqft
    : 
    Triplex, Multi Family, Multi Family
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $245/sqft
    $-- HOA

    What's special

    Meticulously rehabbed units
    Completely remodeled 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 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!
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