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.
For sale
$400,000
1607 West Ave, Waco, TX 76707
8beds
3baths
3,060sqft
Est.:
Triplex, Multi Family
Built in 1932
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
- 22 days
- on Zillow |
- 542 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 06:27pm
Listed by:
Chelsea Hutchens 714731,
Fathom Realty 888-455-6040
Source: NTREIS,MLS#: 229345
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric, Window Unit(s)
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
Video & virtual tour
Property
Parking
- Parking features: Gravel, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Details
- Additional structures: Shed(s)
- Parcel number: 171284
- Zoning description: R-1B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Stone Veneer
- Roof: Composition
Condition
- Year built: 1932
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Dickey
Location
- Region: Waco
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $250,000
- Annual tax amount: $5,639
- Date on market: 4/3/2025
- Lease term: 12 Months
- Tenant pays: Electricity, Sewer, Trash Collection, Water
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