1621 Alexander Ave, Waco, TX 76708
- $450,000
- List Price
- $450,000
- MLS#
- 21381866
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2022
- Construction Status
- Preowned
- Acres
- 0.19
- County
- Mclennan
- City
- Waco
- Subdivision
- Farwell Heights
Property Description
This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.
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Additional Information
- Unexempt Taxes
- $6,593
- Lot Size
- 8,232
- Acres
- 0.19
- Interior Features
- Granite Counters, High Speed Internet
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Assigned, Paved
- School District
- Waco Isd
- Elementary School
- Cedar Ridge
- Middle School
- Gw Carver
- High School
- Waco
- Possession
- CloseOfEscrow
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Listing courtesy of Jordan Alders from Coldwell Banker Apex, REALTORS. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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