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1607 West Avenue

Waco, TX 76707
  • $375,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 229345
Price Reduced
UPDATED: 23 min ago
$375,000
  • 8
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1932
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Chelsea Hutchens of Fathom Realty: .

Description

Slam dunk investment property is yours for the taking! This Sanger Heights TRIPLEX on just under 1/2 an acre, is fully rented with top-notch renters, moderately updated with low Cap X costs, and extremely low vacancy. Main building is an up/down split, each unit with 3 beds, 1 bath. Garage Apartment out back is on the second floor above a storage building currently used by landlords. Front units have tastefully remodeled kitchens & bath featuring subway tile, stone countertop and fresh, modern hardware. Each unit has large bedrooms, original windows with bright natural light, original wood floors throughout most of the space, Central HVAC, and each unit has its own stackable laundry unit in the bathroom (one unit is about 2 years old, the other is 1 year old). The back unit has a more moderate remodel to the kitchen and bath, but still features subway tile and stone countertops, original wood floors through most of the unit, replaced carpet in one bedroom with vinyl plank, this unit does not have central air, but 2 modern window units that will stay with the property. Large graveled lot for plenty of parking and fully fenced with 3 sides redone in February. Walking distance to the new Central Waco Family Medicine, Jubilee Market, World Cup Cafe, Thrst Coffee and more! 5-10 minutes to downtown or Baylor.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T20:43:55.867.
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1607 West Avenue Waco, TX 76707

  • Price: $375,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 23 min ago
  • MLS #: 229345
8
Beds
3
Baths
0
½ Baths
N/A
Acres
1932
Built
Neighborhood:
Dickey
County:
Mclennan
Area:
Waco
Elementary School:
West Avenue
High School:
Waco
School District:
Waco Isd
Property Description
Slam dunk investment property is yours for the taking! This Sanger Heights TRIPLEX on just under 1/2 an acre, is fully rented with top-notch renters, moderately updated with low Cap X costs, and extremely low vacancy. Main building is an up/down split, each unit with 3 beds, 1 bath. Garage Apartment out back is on the second floor above a storage building currently used by landlords. Front units have tastefully remodeled kitchens & bath featuring subway tile, stone countertop and fresh, modern hardware. Each unit has large bedrooms, original windows with bright natural light, original wood floors throughout most of the space, Central HVAC, and each unit has its own stackable laundry unit in the bathroom (one unit is about 2 years old, the other is 1 year old). The back unit has a more moderate remodel to the kitchen and bath, but still features subway tile and stone countertops, original wood floors through most of the unit, replaced carpet in one bedroom with vinyl plank, this unit does not have central air, but 2 modern window units that will stay with the property. Large graveled lot for plenty of parking and fully fenced with 3 sides redone in February. Walking distance to the new Central Waco Family Medicine, Jubilee Market, World Cup Cafe, Thrst Coffee and more! 5-10 minutes to downtown or Baylor.
Exterior Features

Construction BrickSidingWood Fencing FencedFullPerimeterPrivacyWood Foundation Pillar/Post/Pier Open Parking Yes Parking Or Garage Circular DrivewayDrivewayGravelNo GarageOff StreetOn SiteParking Lot Roof Composition Waterfront YN No

Interior Features

Appliances DryerElectric RangeElectric Water HeaterRefrigeratorWasher Cooling Central AirElectricWindow Unit(s) Fireplace Features None Flooring TileWood Heating CentralElectric

Property Features

Building Area Source Public Records Building Area Total 3060.00 Gross Annual Expenses 8740.00 Gross Annual Income 42600.00 Horse Permitted No Levels Two Listing Terms 1031 ExchangeCashConventional Net Operation Income 33860 Operating Expense Includes GardenerInsuranceMaintenancePest ControlVacancy Allowance Other Structures Shed(s) Possession Closing/Funding Property Type Triplex Senior Community No Special Notes Owner/ Agent Tenancy 6 Months or LessNo SmokingOver 9 MonthsPet RestrictionsPets Allowed Tenant Pays ElectricityTrash CollectionSewerWater Unexempt Taxes 5639 Utilities Electricity ConnectedSewer Available Will Subdivide No Zoning R-1B

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-22T20:43:55.867.
 
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A.G. Real Estate & Associates
15190 Badger Ranch Unit 103
Waco TX, 76712
Offered by Chelsea Hutchens of Fathom Realty: .