This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
| MLS # | 2881930 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 99 |
| Listing Provided By | Compass RE Texas, LLC | Kristofer Kasper |
| SQ Feet | 6,889 |
|---|---|
| Building(s) | 1 |
| Acreage | 0.37 |
| Property View | None |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central |
| Flooring | Carpet, Tile, Vinyl |
| Topography | Flat |
|---|---|
| Construction Materials | Brick, Hardi Plank Type, Board & Batten Siding |
| Security Features | Fire Alarm, Security Lights, Smoke Detector(s) |
| Parking Features | Common, Concrete |
|---|
| Utilities | Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 13535 |
|---|
| State | TX |
|---|---|
| County | McLennan |
| City | Waco |
| Zip Code | 76706 |
| Area | Out of Area |
| Community Name | Bagby |
| Listing VS Median (in Bagby) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 6,889 low | high Med: 6,889 $ / sqft: $269 low | high Med: $269 On site: 99 low | high Med: 99 | |
| State | TX |
|---|---|
| County | McLennan |
| City | Waco |
| Zip Code | 76706 |
| Area | Out of Area |
| Community Name | Bagby |
| Listing VS Median (in Bagby) | |
Price: $1,850,000 low | high Med: $1,850,000 sqft: 6,889 low | high Med: 6,889 $ / sqft: $269 low | high Med: $269 On site: 99 low | high Med: 99 | |