Duplex near Baylor University, Waco 76706 For Sale

  • $260000
  • 8 beds
  • 8 baths
  • 3360 sqft

Duplex near Baylor University, Waco 76706

Located blocks from Baylor University and Magnolia, this two-story 8 bed, 8 bath duplex includes 3,360 sf of livable area and off-street parking. The house is currently rented on both sides for 2,400 a month combined.

Numbers:

  • Offer Price: $260k
  • Est. ARV: $299k+
  • Est. Repairs: $27k ($8/ft) to achieve top rental value.
  • Est. Rents: $3192/mth (Same type of property rented out by the room $399 a month unfurnished, $450 a month furnished)

Highlights:

  • Home is in a great rental area
  • Roof looks to be in good condition
  • Updates needed for top rental value (paint, downstairs flooring,modern clean out and updates, clean and service HVACs)
  • Foundation needs repair approx $10K
  • Exterior: Brick material
  • Walking distance to food and some shops, Zoned R-2 so it would make a great airbnb

Please let us know if you or someone you know might be interested. Email, call or text us at 512-535-5554. Click Here for the Investor Packet including detailed financials, comps, pictures, and more.

  • $5,000 $5,000 Non-Refundable Deposit & signed agreement to secure contract
  • Properties are sold on a ‘first come, first serve’ basis
  • Buyer pays standard closing costs incl. title and a new survey, if required
  • Buyers responsibility to do their own due diligence and verify all information
Price:
$260000
Address:
1612 James Ave
Waco, TX 76706
Square Feet:
3360
Lot Size:
8250 sqft
Bedrooms:
8
Bathrooms:
8
Terms:
For Sale
Property Type:
Home
Year Built:
2002

Call 512-535-5554 for more details

Property Location