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Crystal Meyer

redheadedrealtor210@gmail.com +1(210) 504-8272

$550,000

Est. payment - /mo

5 Beds

3 Baths

2,850 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Back on Market

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $192

Subdivision Woodlawn Lake

MLS Listing ID 1917590

Style One Story

Bedrooms 5

Full Baths 3

Year Built 1947

Annual Tax Amount $6,632

Lot Size 9,801 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

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.

Location

State TX

County Bexar

Area 0800

Interior

Heating Central, Window Unit

Cooling Unit Central, One Central

Flooring Ceramic Tile, Vinyl

Exterior

Exterior Feature Siding

Garage Spaces 7.0

Roof Type Heavy Composition,Metal

Building

Foundation Other

Sewer City

Water City

Schools

Elementary Schools Fenwick

Middle Schools Fenwick

High Schools Jefferson

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, FHA, 1st Seller Carry, 2nd Seller Carry, Cash

Listing Terms Conventional, FHA, 1st Seller Carry, 2nd Seller Carry, Cash

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LERA MLS - Local Expertise Regional Access / SABOR

Listed by Richard Moya • redKorr Realty LLC • (210) 888-2664

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Crystal Meyer

+1(210) 504-8272

Agent | License ID: 802261

Agent License ID: 802261

1246 Waverly San Antonio, TX 78201

Crystal Meyer

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1246 Waverly