1623 Seley Ave, Waco, TX 76704

$340,000
4
BD
2
BA

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List Price
$340,000
MLS#
21263796
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2023
Construction Status
New Construction - Complete
Bedrooms
4
Full Baths
2
Acres
0.17
County
Mclennan
City
Waco
Subdivision
Faulkner
Building Name
1623 Seley

Property Description

Fully leased Waco duplex offering immediate rental income and a turnkey investment opportunity. Both units are currently leased for 12 months at $1,250 per month each, providing $2,500 in combined monthly rent and $30,000 in annual gross rental income. New Construction investment property features two 2-bedroom, 1.5-bath units, each with a functional two-story floor plan. The main level offers an open-concept kitchen and living area, half bath, and laundry closet. Upstairs you'll find both bedrooms and a Jack-and-Jill style full bathroom. Modern finishes include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring downstairs, and carpet upstairs. Each unit also offers its own private entrance and separate driveway for added convenience. With tenants already in place, this income-producing duplex offers an investor the opportunity to acquire a newer, low-maintenance rental property with established income from day one. Conveniently located with access to downtown Waco, I-35, Baylor University, McLennan Community College (MCC), and Texas State Technical College (TSTC).

Additional Information

Unexempt Taxes
$3,373
Lot Size
7,361
Acres
0.17
Interior Features
Kitchen Island
Flooring
Carpet, Vinyl
Foundation
Slab
Roof
Asphalt
Stories
2
Pool Features
None
Parking Garage
Paved
School District
La Vega Isd
Elementary School
La Vega
Middle School
La Vega
High School
La Vega
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Ryan Simpson from Greater Waco Realty, LLC. Contact:

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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