1246 Waverly Ave, San Antonio, TX 78201

Multiple Family / 5 Bedroom(s) / 3 Bath(s)

Property Status:  For Sale | $701,000.00

Property Photos
1246 Waverly Ave (Image - 1)
1246 Waverly Ave (Image - 2)
1246 Waverly Ave (Image - 3)
1246 Waverly Ave (Image - 4)
1246 Waverly Ave (Image - 5)

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:
This Property is currently...
  • Status:  For Sale | $701,000.00
Property Details:
Multiple Family / 5 BR / 3 BA
Property Style:
Tri-Plex
Year Built:
1947
Finished Sq Ft:
2,850
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
Central Air
Fireplace
Deck
Patio
Porch
Fenced Yard
Security System
Contact Info
FRESH START PROPERTY MANAGEMENT LLC
(714) 357-2223

View on Individual's Website
Property Description:

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

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


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