Overview
- 5 Bedrooms
- 4 Bathrooms
- 2,948 ft
- Year Built: 1961
Description
🏡 Prime Investment Opportunity in Waco, Texas
Welcome to an exceptional investment prospect in the heart of Waco! This single-family residence boasts 4 bedrooms, 3 bathrooms, and an expansive 2,948 sqft. Additionally, the property features a separate 1,000 sqft pool house with 1 bed and 1 bath, providing a unique and versatile living space.
Key Features:
🛌 4 bedrooms, 🛁 3 bathrooms in the main house
🏡 2,948 sqft of living space
💦 Inviting pool with a separate pool house (1 bed, 1 bath)
🏠 Asking Price: $425,000
Investor Highlights:
📈 ARV (After Repair Value): $615,000
🏡 Prime Location: Desirable area in Waco, Texas
🏠 Renovation Potential: Customize and add value to fit market demands
🛠️ Solid Foundation: 50-year warranty on the roof, replaced just 7 years ago
❄️ AC Systems: Front AC unit 8 years old, back AC unit serviced yearly (15-20 years old)
🚿 Hot Water Heaters: 3 in total – one is 20 years old, another is 15 years old
🏊 Pool House Amenities: Enjoy a separate living space with a water heater replaced 7 years ago
Investor Considerations:
💰 Profit Potential: Significant profit margin with an ARV of $615,000
🛠️ Renovation Opportunities: Customize and modernize to maximize returns
🏡 Versatile Living: Ideal for a family seeking additional living space or potential rental income from the pool house
🌐 Warranty and Maintenance: Roof, AC units, and water heaters have received proper maintenance, ensuring a sound investment.