1902 S 8th St, Waco, TX 76706

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
Days on Market
71
Price Change
▼ $100,000 1784773604
MLS#
2881930
Subtype
Commercial Sale
Year Built
1998
Lot Size
15,938
Acres
0.37
Subdivision
Bagby
Neighborhood
Bagby
MLS Area Major
Other

Property Description

This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.

Additional Information

Taxes
$13,535
Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Brick, HardiPlank Type, Board & Batten Siding
View
No View

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Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 966-9781

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