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 for $89,000 or buy everything together for $650,000.
Features
5 bedrooms
3 bathrooms
2850 sq. ft. floor area
crop_free0.23 ac. lot size
cottageMulti-Family
Property history for 1246 Waverly Avenue
2020
Sold
Undisclosed
15 May 2020
Happy sellers in San Antonio
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Local market activity for 5 bedroom multi families in San Antonio
Sold
For Sale
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