Furnished MTR | STR Eligible | $17K NOI | Appraised $325K

ID #:609374
4221 Sanger Avenue
Waco , TX 76710 
Bedrooms: 3
Bathrooms: 2
Year Built: 1951
Square Feet: 1,652
Min. Down: N/A
Lot Size: .24 acres
HOA Fees: N/A
Floors: 1
Property Type: Investment
Subdivision: Brookview

Presented By:

Joe Alford

Phone: (254) 300-1383
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Property Details

Description:

SHOWINGS BY APPOINTMENT ONLY AS IT IS A WORKING MEDIUM TERM RENTAL Turnkey Furnished Rental Investor-owned furnished rental in Waco (76710) generating ~$17,000 stabilized annual NOI as a medium-term rental. Property is fully furnished and eligible for short-term rental permitting, providing optional upside for STR operators. Previously appraised at $325,000 (income-based valuation) prior to stabilization. Now producing documented rental income with trailing performance available. All New in 2023 (went down to the studs) - Roof - HVAC - Plumbing - Electrical - Siding - Interior Walls - Floors - Windows - and more! Key Highlights: • Stabilized annual NOI: ~$17,064 • Avg monthly gross income (selected stabilized months): ~$2,285 • Fully furnished – turnkey operation • STR permit eligible (buyer to verify) • Established residential area with access to Baylor, Magnolia tourism, and medical demand drivers Professional management company already in place, making this a truly turnkey acquisition for an out-of-area or passive investor. Operating expenses and performance summary available upon request. Furnishings inventory included in sale. Selling to redeploy capital into other investments. Not distressed. No seller financing. Serious investor inquiries only with pre-approval letter or proof of funds. email: [email protected] cell: 254-300-1383
Texas Flat Fee MLS Listing For Sale By Owner On The MLS.

Features

Property Features:

  • Stove
  • Microwave
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
  • Laundry Electric Hookup
  • Granite Countertops
  • Stainless Steel Appliances
  • Central Air
  • Central Heating
  • Renovated
  • Smoke Alarms
  • Smoke Free
  • Porch
  • Street Lights
  • Fenced Yard
  • Fitted Kitchen
  • Dining Room
  • Living Room
  • Attic
  • Laundry Room
  • Master Suite/Retreat
  • Main Floor Bathroom
  • Main Floor Bedroom
  • Furnished
  • Modern
  • Stylish

Lot Features:

  • Rent Stabilized
  • Lot: Level
  • Lot: Private

Community Features:

  • Dogs Allowed
  • Cats Allowed
  • Pets Allowed
  • Close Distance from Schools
  • Close Distance to Town/Shopping
  • Within 5 Miles from Park
  • Within 5 Miles from Fitness Center
  • Within 5 Miles from Roller/Ice Rink
  • Within 5 Miles from Town/City/Shopping
  • Walking/Jogging/Bike/Hiking Trail

Additional Features:

  • Agent Commission Available
  • Managed by Property Mgt Co.
  • Water Included
  • Trash Included
  • Electric Included
  • Internet Included
  • Cable Included
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