1904 S 18th Street Active

Waco,TX 76706

$ 1125000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Baylor

MLS Listing ID 227726

Total Fin. Sqft 6516

Year Built 2001

Annual Tax Amount $21,072

Property Sub-Type Duplex

Property Description

Two duplexes on one lot must be sold together. Current use as mid-term rentals, fully furnished, rented to guests in Waco for business or pleasure. The original use of the property was student housing. Each unit has 3 bedrooms with an attached bathroom, a common living area with a full kitchen, living area with a TV. 14 lockable storage units are located in the rear of the property. Fully furnished monthly rentals do not require a city permit or hotel taxes to be paid. In 2024 the property had bookings of $165,000. See attached NOI in supplements.
In 2023 all hot water heaters were replaced, 2024 3 AC units replaced.
Properties are professionally managed and can continue with same use or used for long term rentals as well. Just blocks from Lasalle, Baylor University, I35 and close to tourist attrations, this property has a variety of uses. Property is being sold with all of the furnishings, sheets, towels, washer, dryer, kitchen fully equiped.
Property is currently being booked using Airbnb, Vrbo platforms

Location

State TX

County Mclennan

Zoning R-2

Interior

Interior Features High Speed Internet Available

Heating Central

Cooling Central Air

Fireplaces Type None

Appliance Dishwasher,Dryer,Refrigerator,Washer

Heat Source Central

Exterior

Utilities Available Sewer Available

Roof Type Metal

Garage No

Building

Structure Type Stone Veneer

Schools

School District Waco Isd

Others

Ownership Carlos Menchaca

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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