1911 S 11th Street Active Save Request In-Person Tour Request Virtual Tour
Waco,TX 76706
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,552 sqft
Price per Sqft $190
Subdivision Bagby
MLS Listing ID 21043304
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 6552
Year Built 2006
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Duplex
Property Description
While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,552 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about cash flow until August 2026? This property is fully leased at market at a gross lease of $8,500 to a single tenant. Net operating income is substantial: $82,378 per annum offering a capitalization rate of 6.59%. ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!
Location
State TX
County Mclennan
Direction Please use technology to give best directions from your location.
Interior
Interior Features Granite Counters
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Luxury Vinyl Plank,Tile
Appliance Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Washer
Heat Source Central,Electric
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Frame,Stone Veneer
Schools
Elementary Schools Alta Vist
Middle Schools Cesar Chavez
High Schools University
School District Waco Isd
Others
Ownership Danza KD, LLC
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21043304