1246 Waverly AVE new

San Antonio,TX 78201

$ 695000

- Bed

0 Bath

2840 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,840 sqft

Price per Sqft $244

Subdivision Ncb 2056

MLS Listing ID 593334

Year Built 1947

Lot Size 0.347 Acres

Property Sub-Type Triplex

Property Description

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!

Location

State TX

County Bexar

Interior

Heating Central,Electric,Fireplace(s),Window Unit

Cooling Central Air,Electric,1 Unit

Flooring Hardwood,Laminate

Fireplaces Number 1

Fireplaces Type Living Room

Laundry Electric Dryer Hookup,Gas Dryer Hookup,Stacked

Exterior

Fence Wood

Pool None

Utilities Available Cable Available,Natural Gas Available

View Other

Roof Type Metal

Building

Story 1

Foundation Other,See Remarks

Sewer Not Connected (at lot),Public Sewer

Water Not Connected (at lot),Public

Schools

School District San Antonio Isd

Others

Acceptable Financing Assumable,Cash,Conventional,FHA,Owner May Carry,VA Loan

Listing Terms Assumable,Cash,Conventional,FHA,Owner May Carry,VA Loan

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