1301 Wood Ave Unit A & B, Waco, TX 76706

$569,900
2
BD
2
BA

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List Price
$569,900
MLS#
21393402
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2000
Construction Status
Preowned
Bedrooms
2
Full Baths
2
Acres
0.19
County
Mclennan
City
Waco
Subdivision
Kyger
Building Name
1301 Wood Duplex

Property Description

Prime investment opportunity within walking distance of Baylor University! This updated duplex features two separate 2-bedroom, 2-bath units for a total of 4 bedrooms and 4 full bathrooms. Currently leased for a combined $3,600 per month, the property offers immediate rental income along with plenty of flexibility for the next owner. Both units feature bright, open living spaces, updated kitchens and bathrooms, in-unit laundry, and thoughtfully designed layouts that feel more like home than your typical student rental. Outside, you'll find a large fenced backyard, ample parking, alley access, and an upstairs balcony. With eligibility for both short-term and long-term rentals, there are multiple ways to make this property work for you. Continue leasing both units, utilize one or both as short-term rentals, or purchase for your Baylor student to live in one side while generating income from the other. The property can also be sold partially furnished for an even easier transition. Updated, income-producing, STR eligible, and conveniently located near Baylor, this duplex is ready for its next investor. Schedule your private showing today!

Additional Information

Unexempt Taxes
$7,490
Lot Size
8,232
Acres
0.19
Interior Features
High Speed Internet, Kitchen Island, Open Floor Plan, Pantry, Cable TV
Flooring
Vinyl, Tile
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Assigned, Paved, Parking Lot
School District
Waco Isd
Elementary School
South Waco
Middle School
Cesar Chavez
High School
University
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Catt Longoria from Bramlett Partners. 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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