1246 Waverly

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.

Price

$550,000

Beds / baths

- / -

Living area

2,850 sq ft

Property type

Single-family

Year built

-

Lot

0.225

Subdivision

WOODLAWN LAKE

School district

San Antonio ISD

County

Bexar

Status

Back on market

MLS #

1917590

Est. payment

$4,295/mo (10% down, 6.25%, taxes & insurance)

Listing data comes from our MLS feed and is refreshed weekly. Measurements and school assignments should be verified independently.

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