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
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
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
Provided Courtesy Of Waco Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zina & Co. Real Estate. Copyright © 2025 Waco Association of REALTORS, Inc. All Rights Reserved. Data last updated 2025-03-22T17:18:19.697.