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About the Listing A8295907 - A829501660
While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,552 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about cash flow until August 2026? This property is fully leased at market at a gross lease of $8,500 to a single tenant. Net operating income is substantial: $82,378 per annum offering a capitalization rate of 6.59%. ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!
Listing Highlights for 1911 S 11th St
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Electric
- Fireplaces:
- Floor: Luxury Vinyl Plank,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Composition
- Others: New Construction - Complete
- Sewer:
- Parking Features: Driveway,Off Street,Parking Lot
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 162095
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1911 S 11th St Waco, TX 76706
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