Investment opportunity in Waco! 1716 Ethel Avenue is a four-unit property offered as part of a multi-property investment portfolio. The property consists of two buildings: a front triplex comprising 1716, 1718, and 1720 Ethel Avenue, plus a detached cottage at 1714 Ethel Avenue. All four residences feature 1-bedroom, 1-bath floor… Read More plans, providing a desirable and efficient rental configuration. All four units are currently tenant occupied, providing established rental income. The property has benefited from extensive improvements and offers a stabilized investment opportunity with tenants in place. This property is being offered in conjunction with 1702 Ethel Avenue and 1704 Ethel Avenue as part of a larger 9-unit investment portfolio. Contact your real estate professional for additional information regarding the portfolio, leases, financials, and availability. Please do not disturb tenants. Read Less
Courtesy of Keller Williams Realty, Waco, Jonathon Villaescusa.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
4
Full Baths
4
Lot Size
0.22 Acres
Year Built
1925
MLS Number
21400887
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1925, Year Built Details: Preowned, 2 buildings, Levels: One, Construction Materials: WoodSiding
Cooling
Electric
Expenses
Insurance: $5,460
Floors
LuxuryVinylPlank
Foundation
ConcretePerimeter, Slab
Heating
Electric
Income
Gross Income: $43,680, Net Operating Income: $37,501
Lot
0.224 acres
Parking
4 total parking spaces, AdditionalParking, Common, OffStreet, Outside
