1246 Waverly Ave, San Antonio, TX 78201

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

Property Status:  For Sale | $698,000.00 | 


Property Photos


Triplex Zoned RM-4 with land space to build a tiny house, selling at a cap rate of 9%. Furnished, 3 STR Licenses, existing 3-12 month leases.


Property Status:
For Sale | $698,000.00

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

Request To See This Property
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% 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



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.

Contact Us

Alamo Real Estate Investors Association

P O Box 1563
Humble, TX 77347
(210) 405-8310

Proud Chapter of National REIA

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.AlamoREIA.org  (Alamo Real Estate Investors Association) does not give legal, tax, economic, or investment advice. Alamo REIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2025 © Alamo Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.