3118 W Waco Drive
Waco, TX 76710

Description

Calling all investors. This duplex is the Old Karem Building and is half a mile to edge of Capitol Heights neighborhood. With a minimum of repairs, keep as a rental grade property and get the cash flow going. Or make upgrades to capture the full equity of the property i.e., you can fix and flip to make a profit. A recent appraisal by the owner shows that a fixed up and upgraded property could be valued at 122k. This is a single family residence converted to a duplex with a 1Br/1Ba upstairs and 2Br/2Ba downstairs. Zoned R-1 but grandfathered in as a duplex. (You could also convert it back into single family dwelling with plenty of parking space and a large front and side yard.) Plenty of options for the right investor!

Details

MLS#187309
Sub-TypeResale
StatusActive
Year1943
Days On Site25

Features

SQ Feet1,792
Units2

Market Activity 76710

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Area Information

StateTX
CountyMcLennan
CityWaco
Zip Code76710
Listing VS Median (in 76710)
Price:
$53,173
low | high
Med:
$199,900
100% of Average
SqFt:
1,792
low | high
Med:
2,300
21.651785714286% of Average
$ / SqFt:
$30
low | high
Med:
$87
100% of Average
On Site:
25
low | high
Med:
168
14.880952380952% of Average
Listing Updated: 02/15/2019
MLS Number: 187309
Listing Provided By:
Jack Zagunis  of  Central Metro Realty