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For sale
  • Price cut: $24K (4/17)
    $674,000

    1246 Waverly, San Antonio, TX 78201

    5beds
    2,840sqft
    : 
    Multi Family
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $237/sqft
    $-- HOA

    What's special

    Swimming poolMeticulously rehabbed unitsScenic walking trailsDog park
    Discover Your Dream Investment at 1246 Waverly Avenue! Step into a rare opportunity with this stunning triplex, perfectly nestled at the vibrant intersection of Glenmore and Waverly, right in the heart of the enchanting Woodlawn Lake Community. This iconic area, boasting a picturesque lake built in the 1880s, offers not just a home, but a lifestyle! Imagine strolling along scenic walking trails, enjoying sunny days at the dog park, or unwinding at the swimming pool-all just steps from your door. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district, with quick access to the Medical Center. 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!
    235 days
    on Zillow
    |
    240
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 03, 2025 at 10:09am

    Listed by:

    Kathy Clay TREC #453637 (210) 722-1827,

    LPT Realty, LLC

    Source: SABOR,MLS#: 1813726MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1246 Waverly.

    Next available tour time:Today at 5:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Other, Electric
    Cooling
    • Two Central, Other
    Appliances
    • Included: Oven, Dishwasher, Refrigerator, Washer, Dryer, Oven/Stove, Disposal, Stacked Washer/Dryer
    Features
    • Flooring: Ceramic Tile, Wood, Laminate
    • Windows: Double Pane Windows, Window Coverings
    • Has basement: No
    Interior area
    • Total structure area: 2,840
    • Total interior livable area: 2,840 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Pad, Pad
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Covered
    Lot
    • Size: 9,801 Square Feet
    • Residential vegetation: Mature Trees
    Details
    • Parcel number: 020560160140
    • Zoning description: RM-4, NCD-8

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Slab
    • Roof: Composition,Metal
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: CPS, Separate Electric Meter(s)
    • Gas: CPS, Separate Gas Meter(s)
    • Sewer: SAWS
    • Water: SAWS, Separate Water Meter(s)

    Community & HOA

    Community
    • Features: Detached Quarters
    • Security: Security System
    • Subdivision: Woodlawn Lake
    Location
    • Region: San Antonio

    Financial & listing details

    • Price per square foot: $237/sqft
    • Tax assessed value: $271,760
    • Annual tax amount: $4,800
    • Price range: $674K - $674K
    • Date on market: 10/4/2024
    • Listing terms: Conventional,FHA,VA Loan,Cash
    • Total actual rent: 7115
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