$698,000
bedrooms
0
bathrooms
3
square feet
2,840
Acreage
0.225
Open Houses
-
year built
1947
Full Baths
3
Half Baths
0
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!
| Location | |
| Subdivision | - |
| County | Bexar |
| Elementary School | Fenwick |
| Middle School | Fenwick |
| High School | Jefferson |
Open houses
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Copyright © 2025 San Antonio Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, March 12 2025 at 10:28 p.m. EDT
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