OFF MARKET
1607 West Ave
Waco, TX 76707
Sanger Heights
8 Beds
3 Baths
3,000 sqft (on 0.43 acres)
- 8 Beds
- 3 Baths
- 3,000 sqft (on 0.43 acres)
8 Beds
3 Baths
3,000 sqft
(on 0.43 acres)
Homes for Sale Near 1607 West Ave
Local Information
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Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Triplex Rental Investment Opportunity in Waco
Purchase Price: $267,500
No Repairs Needed
Great rental investment opportunity with this fully rented 3-unit property in an up-and-coming area. Within walking distance are restaurants, a coffee shop, bakery, and new elementary school.
Owner financing options are available.
The main house is a duplex with each unit approximately 1,100 sq ft containing 3 bedrooms and 1 bathroom. The separate carriage house on the backside of the property contains a 660 sq ft, 2/1 upstairs apartment and storage area below. In 2019, the 2 buildings were completely rehabbed. The foundation was leveled, and all electrical and plumbing was replaced in both properties along with new water heaters. New central HVAC systems were installed in both duplex units and a mini-split installed in the carriage house apartment. The hardwood floors were refinished and they look magnificent. The roofs for both properties are approximately 6 years old.
The downstairs apartment in the duplex is occupied with monthly rent of $925. The upstairs apartment in the duplex includes a full-size washer & dryer, is occupied with monthly rent of $950. The carriage house apartment is occupied with monthly rent of $800. Monthly rent for all 3 units totals $2,675.
Two owner financing options are available with the following terms:
1) Sales Price $267,500 with a $26,750 down payment, monthly P&I payments of $1,937, 9% interest rate, and a 30-year amortization.
2) Sales Price $280,000 with a $28,000 down payment, monthly P&I payments of $1,677, 7% interest rate, and a 30-year amortization.
$5,000 non-refundable deposit required.
Buyer pays all closing costs.
Contact Tony if interested (254) 212-7469.
Purchase Price: $267,500
No Repairs Needed
Great rental investment opportunity with this fully rented 3-unit property in an up-and-coming area. Within walking distance are restaurants, a coffee shop, bakery, and new elementary school.
Owner financing options are available.
The main house is a duplex with each unit approximately 1,100 sq ft containing 3 bedrooms and 1 bathroom. The separate carriage house on the backside of the property contains a 660 sq ft, 2/1 upstairs apartment and storage area below. In 2019, the 2 buildings were completely rehabbed. The foundation was leveled, and all electrical and plumbing was replaced in both properties along with new water heaters. New central HVAC systems were installed in both duplex units and a mini-split installed in the carriage house apartment. The hardwood floors were refinished and they look magnificent. The roofs for both properties are approximately 6 years old.
The downstairs apartment in the duplex is occupied with monthly rent of $925. The upstairs apartment in the duplex includes a full-size washer & dryer, is occupied with monthly rent of $950. The carriage house apartment is occupied with monthly rent of $800. Monthly rent for all 3 units totals $2,675.
Two owner financing options are available with the following terms:
1) Sales Price $267,500 with a $26,750 down payment, monthly P&I payments of $1,937, 9% interest rate, and a 30-year amortization.
2) Sales Price $280,000 with a $28,000 down payment, monthly P&I payments of $1,677, 7% interest rate, and a 30-year amortization.
$5,000 non-refundable deposit required.
Buyer pays all closing costs.
Contact Tony if interested (254) 212-7469.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 1607 West Ave
Interior Features |
|---|
Heating & Cooling Heating: Other, ElectricAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Interior Details Additional StorageNumber of Rooms: 19Types of Rooms: Dining Room, Family Room, PantryStorageCeiling Fan |
Appliances & Utilities Refrigerator |
Fireplace & Spa Fireplace |
Exterior Features |
|---|
Exterior Home Features Roof: CompositionExterior: Wood, BrickFoundation Type: PiersPatio |
Parking & Garage GarageParking Spaces: 8Parking: Garage Detached, Off Street |
Property Information |
|---|
Year Built Year Built: 1932Year Updated: 1940 |
Property Type / Style Property Type: Multi FamilyArchitecture: Colonial |
Community |
|---|
Units in Building: 3 |
Lot Information |
|---|
Lot Area: 0.43 acres |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | |
| Assessment | $250,000 |
Home facts updated by county records
Comparable Sales for 1607 West Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | - | 11/01/23 | 6 | 4 | 3,256 | |
0.62 | Multi-Family Home | - | 08/04/23 | 6 | 2 | 1,482 | |
0.76 | Multi-Family Home | - | 08/09/23 | 5 | 3 | 1,648 | |
1.02 | Multi-Family Home | - | 03/28/24 | 5 | 2 | 2,876 | |
1.23 | Multi-Family Home | - | 10/17/23 | 6 | - | 2,156 | |
1.48 | Multi-Family Home | - | 11/21/23 | 2 | 2 | 1,344 | |
1.53 | Multi-Family Home | - | 02/08/24 | 6 | - | 2,083 | |
1.63 | Multi-Family Home | - | 03/26/24 | 6 | - | 2,968 | |
2.05 | Multi-Family Home | - | 03/14/24 | 8 | 8 | 3,360 | |
2.95 | Multi-Family Home | - | 04/12/24 | 3 | 3 | 1,206 |
Assigned Schools
These are the assigned schools for 1607 West Ave.
- Waco High School
- 9-12
- Public
- 2122 Students
2/10GreatSchools RatingParent Rating AverageMost of the staff seems like they are there to collect a check and checked out. You can tell which staff members are invested. Short staffed. UnorganizedWhat happened to the passion and psychology of teaching?Fights breaking out right in front of me and police just watching. No attempt to stop or step in.Drop off and pick up are a disaster with traffic, busses and kids crossing without paying attention.The staff literally looks burned out and over it.PARENTS NEED TO DO BETTER SO OUR EDUCATORS CAN CARE AND HELP YOUR CHILD WITH THE SKILLS THEY NEED . We are in a college town .. do better for your child.Parent Review2mo ago - West Avenue Elementary School
- PK-5
- Public
- 298 Students
3/10GreatSchools RatingParent Rating AverageThis school is great if you like for your child to be addressed as BOY OR GIRL, rather than the name you gave them at birth....I can't wait until the school year is up... My daughter and I do not like this school...So so not good...Parent Review10y ago - Indian Spring Middle School
- 6-8
- Charter
- 528 Students
2/10GreatSchools RatingParent Rating AverageThe campus is a Texas Title I Priority Schools Grant recipient which means it offers many academic and non-academic opportunities during 2014-2015, 2015-2016, and 2016-2017 school years. The campus is a "turn around" design campus which means a new and highly energized staff works to help every student find success. We consider ourselves to be a good school working to be a "great school." Prospective parents and community partners are encouraged to call and schedule a site visit with student ambassadors. Go Bulldogs!Teacher Review8y ago 
Check out schools near 1607 West Ave.
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Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Sanger Heights
- Glenellen M. .
- Resident
- 3y ago
"The old houses are beautiful and the streets are pretty quiet. The people here love the fireplaces, yards and open porches."
- Stacie A.
- Resident
- 3y ago
"Dog owners can easily walk them on leash in our neighborhood and at a nearby park with paved walking track. Unfortunately, some dogs run loose in our neighborhood so I would definitely be aware of potential encounters and be prepared to deal with them. "
- Stacie A.
- Resident
- 4y ago
"Socio-economically diverse, dynamic neighborhood with potential for further growth. Many homes are historic and well cared for. "
- Sammie A.
- Resident
- 4y ago
"The commute to downtown isn’t bad, it only takes about 3 minutes bye car. And the city bus runs just around every 30 minutes or so "
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1607 West Ave, Waco, TX 76707 is a 8 bedroom, 3 bathroom, 3,000 sqft multi-family built in 1932. 1607 West Ave is located in Sanger Heights, Waco. This property is not currently available for sale. The current Trulia Estimate for 1607 West Ave is $310,900.