1904 S 18th ST 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
Square Footage 6,516 sqft
Price per Sqft $172
Subdivision Baylor
MLS Listing ID 227726
HOA Y/N No
Year Built 2001
Annual Tax Amount $21,072
Tax Year 2024
Property Sub-Type Duplex
Property Description
Two duplexes on one lot must be sold together. Current use as mid-term and short-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. The property is zoned R-2 and allows a permit by right, STR II from the City of Waco for 2-day stays or more. Fully furnished monthly rentals do not require a city permit or hotel taxes to be paid. In 2024 the property had a mixed use of short-term and mid-term occupancy, booking $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
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dryer,Dishwasher,Oven,Range,Refrigerator,Washer
Laundry Washer Hookup
Exterior
Exterior Feature None
Parking Features Parking Available
Utilities Available Sewer Available
Amenities Available None
Roof Type Metal
Building
Story 1
Sewer Public Sewer
Schools
School District Waco Isd
Others
Tax ID 315786
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA