Located at 1501 South 29th Street, Units A & B in Waco, Texas, this two-unit duplex presents a compelling investment opportunity with upside in rental income. Each unit offers approximately 829 SF, making the property well-suited for long-term tenants or potential repositioning.
The property has seen recent capital improvements, including foundation work, new HVAC systems, new water heaters, and updated flooring, reducing near-term maintenance concerns. One unit is currently rented at $1,100 per month, with market rent projected at $1,300 per month, providing immediate income with built-in upside. Due to recent foundation work, the vacant space has just been offered for lease.
Zoned C-2: Commercial (Beverly Hills), the property offers additional flexibility for future use or redevelopment. Its location near a heavy retail corridor and adjacent to South Waco Park enhances tenant appeal and long-term value.
Financials are available upon request. Offered at an asking price of $259,900, with 2025 taxes of $2,567.58, this property represents an attractive option for investors seeking a stabilized asset with value-add potential in a growing Waco submarket.
1,658 Sq Ft
7,492.32 Sq Ft 地块面积
其他
内置于 1985
MLS/房源编号 21172996
2 单元
Heating - Natural Gas
开放式平面布局
停车场 - 车道
构图
冰箱
燃气灶
电热水器
处置
Construction - Brick
Cooling - Electric
制冷 - 中央空调
Cooling - Ceiling Fans
层压板
Slab
每月总费用
US$0
US$0
US$0