REP | 1246 Waverly Ave, San Antonio, TX 78201

1246 Waverly Ave, San Antonio, TX 78201

5 Bedrooms / 3 Baths / Multiple Family

Property Status: For Sale | $701,000.00 |

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Triplex Zoned RM-4 with land space to build a tiny house, selling at a cap rate of 10%. Furnished, 3 STR Licenses, existing 3-12 month leases.

Property Status:
For Sale | $701,000.00

Property Details:

Property Style:

Tri-Plex

Year Built:

1947

Finished Sq. Ft:

2,850

Basement:

No Basement

Owner/Agent:

Individual Owner

Cash flowing triplex, 10% Cap Rate, 1 block away from Woodlawn Lake with partial Lake View from each unit. Location is 10 minutes from the Riverwalk/Pearl, with quick access to the Medical Center, Seaworld, Six Flags.

Zoned RM-4 with the ability to build another Tiny House. All 3 units Rehabbed and Furnished (~400K) and no HOA, gross annual income of $85K and a Net Operating Income of $66K. Back two units established MTR's with 3-12 month leases, front unit renting short term. Sale includes all STR consumables inventory.

Unit #101 - airbnb.com/h/waverlylakehouse
Unit #201 - airbnb.com/h/waverlysurfhouse
Unit #301 - airbnb.com/h/waverlyoceanhouse

https://youtu.be/X3FGyuckCU0?si=iNxMh-Wi-9iG1UnQ

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