1904 S 18th Street Active Save Request In-Person Tour Request Virtual Tour
Waco,TX 76706
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Baylor
MLS Listing ID 227726
Bedrooms 12
Full Baths 12
Year Built 2001
Annual Tax Amount $21,072
Lot Size 0.568 Acres
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 ensuite 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 by Waco Vacation Rentals and can continue with same use or can be 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
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Ceramic Tile
Fireplaces Type None
Exterior
Utilities Available City Sewer,City Water,Electricity Connected,Sewer Available
Roof Type Metal
Building
Story One
Structure Type Brick
Schools
School District Waco Isd
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/227726