
1246 Waverly
San Antonio, TX 78201
5
Bedrooms
3
Bathrooms
1,244
Sq Ft
1947
Year Built

San Antonio, TX 78201
5
Bedrooms
3
Bathrooms
1,244
Sq Ft
1947
Year Built
Completely remodeled STR Investment property with Owner Financing as an Option. 8.4 Cap Rate and 87% occupancy - WOW. Location couldn't be better-less than 5 minutes from the bustling Riverwalk and the trendy Pearl district. 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 shorthand 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!
Property Type
Multi_family
Year Built
1947
HOA
None
Listed Price
$675,000
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Owner financing means the seller of 1246 Waverly acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in San Antonio, TX is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this San Antonio property.