1911 S 11TH STREET, WACO, TX 76706
Homes for sale in Waco.
Homes for sale in 76706.
List Price$1,150,000
1911 S 11th Street
Waco, TX 76706
Listing #21043304
8
Bedrooms
4 full
Bathrooms
3,552
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
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!
Property Features
Location Information
County
McLennan
Subdivision
Bagby
Interior Features
Interior
Granite Counters
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
4
Floors
Luxury Vinyl Plank, Tile
Has Fireplace
No
Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Heating
Central, Electric
Total Number of Units
2
Exterior Features
Stories
2
Pool Description
None
Is New Construction
Yes
Lot Size in Acres
0.19
Construction
Brick, Frame, Stone Veneer
Lot Size in Sq. Ft.
8,276
Foundation
Slab
Buildings
1
Roof
Composition
Building Total Area (Sq. Ft.)
3,552
Parking Description
Driveway, Off Street, Parking Lot
Is One Story
No
Garage Spaces
0
Windows Description
Bay Window(s), Window Coverings
Patio / Deck Description
Covered, Patio
School
Elementary School District
Waco ISD
Jr. High School
Cesar Chavez
Elementary School
Alta Vist
High School
University
Additional Information
Year Built Details
New Construction - Complete
Year Built
2006
Property Type
RI
Status
Closed
Property SubType
Duplex
Has a Home Owners Association
No
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