1246 Waverly

San Antonio, TX 78201

About this property

Owner open to Creative Financing options and Owner Financing. Live Mortgage-Free or Own a Turnkey Investment - 3 Private Units Near Woodlawn Lake Completely remodeled property features three separate, private units (all rehabbed in 2022), each with its own space and fencing. Ideal for an owner-occupant or an investor. Live in the front unit (~1,250 SF) and rent the two rear units (~800 SF each) to offset or fully cover your mortgage, or operate all three as income-producing rentals. Strong performance with ~87% occupancy and approximately $85K gross annual income. Two units are leased; the front unit is ready for short- or mid-term rental or owner occupancy. Zoned RM-4 (rare for the area), offering flexibility and future upside. No HOA. Prime location just 1 block from Woodlawn Lake and minutes from the Riverwalk and Pearl. The adjacent lot is also available for expansion.

About this property

Owner open to Creative Financing options and Owner Financing. Live Mortgage-Free or Own a Turnkey Investment - 3 Private Units Near Woodlawn Lake Completely remodeled property features three separate, private units (all rehabbed in 2022), each with its own space and fencing. Ideal for an owner-occupant or an investor. Live in the front unit (~1,250 SF) and rent the two rear units (~800 SF each) to offset or fully cover your mortgage, or operate all three as income-producing rentals. Strong performance with ~87% occupancy and approximately $85K gross annual income. Two units are leased; the front unit is ready for short- or mid-term rental or owner occupancy. Zoned RM-4 (rare for the area), offering flexibility and future upside. No HOA. Prime location just 1 block from Woodlawn Lake and minutes from the Riverwalk and Pearl. The adjacent lot is also available for expansion.

Features and Additional Information

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$550,000 Back On Market
2,850 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
redKorr Realty LLC
1-210-888-2626
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Area Information

Bexar | Bexar County | WOODLAWN LAKE

$ 550,000
This listing is play_arrow 161.9% higher than the average in the area
$ 210,000 in the area
2,850 SqFt
This listing is play_arrow 110.5% larger than the average in the area
1,354 SqFt in the area
$ 193 $/SqFt
This listing is play_arrow 24.4% more than the average in the area
$ 155 $/SqFt in the area
309 days on site
This listing is play_arrow 586.7% above the average in the area
45 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Fenwick
  • turned_in
    Middle School
    Fenwick
  • turned_in
    High School
    Jefferson
Listed By Richard Moya
Brokerage: redKorr Realty LLC

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