1246 Waverly Ave, San Antonio, TX 78201

Multiple Family / 3 Bedroom(s) / 1 Bath(s)

Property Status:  For Sale | $660,000.00 | 


Property Photos


Triplex Zoned RM-4 with land space to build a tiny house, selling at a cap rate of 9.5%. Furnished, 3 STR Licenses, existing 3-12 month leases.


Property Status:
For Sale | $660,000.00

Contact Info
FRESH START PROPERTY MANAGEMENT LLC
(714) 357-2223

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Property Details:
Multiple Family / 3 BR / 1 BA
Property Style:
Tri-Plex
Year Built:
1947
Finished Sq Ft:
1,244
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
Central Air
Fireplace
Deck
Patio
Porch
Fenced Yard
Security System
Property Description:

Cash flowing triplex, 9.5% Cap Rate, 1 block away from Woodlawn Lake with partial Lake View from each unit. 2 units renting mid-term with 3-12 month leases, 1 renting short term. (Currently listed on MLS with a 1-day Agent cancellation clause, contact me for investor pricing)

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 $80.7K and a Net Operating Income of $63K. Back two units established MTR's with 3-12 month leases, front unit renting short term.  Sale includes all furniture, STR consumables inventory and local contractor list.

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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