1246 Waverly Ave, San Antonio, TX 78201

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

Property Status:  For Sale | $701,000.00 | 


Property Photos


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:
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



Legal Disclaimer:
Alamo Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Humble, TX 77347
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