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Six-Unit Multifamily Investment Opportunity

1517 & 1521 Barnard Street Waco, TX 76701

Claim this Listing
For Sale
$525,000

Six-unit multifamily property near downtown Waco, ideal for investors.

Type:Multi-Family
Property size:
2,978 SF
Price / SF:
$176.29/SF
Added:
May 5, 2023
Days on Market:
1167
Last Refresh:
May 13 at 8:16 pm

Property Features for 1517 & 1521 Barnard Street

General Information

Standard status
Active
Size
2,978 SF
Property subtype
Multi-Family

Building Details

Year Built
1939

Listing office Coldwell Banker Apex, REALTORS

Listing date May 5, 2023

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex, REALTORS


Investment Insights

Based on property information with market context.

This property features three duplexes, totaling six units, presenting a multifamily investment opportunity. Each unit is currently rented for between $795.00 and $900.00 per month. The location is near downtown Waco, with convenient access to shopping and dining. The property may also be purchased as part of a package with an additional property located at 1202 N 9th Street, which includes four duplexes. The combined total rent rate for both properties is $6,765.00 monthly. The property size is 2978 square feet.

Key Highlights

  • Multi‑unit investment property featuring three duplexes, for a total of 6 units.
  • Income‑producing potential, units renting for $795.00 - $900.00 per month.
  • Discounted package purchase potential with additional duplex property.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Six-unit multifamily property near downtown Waco, ideal for investors.
Where is this duplex located?
The property is located at 1517 & 1521 Barnard Street Waco, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Multi‑unit investment property featuring three duplexes, for a total of 6 units.; Income‑producing potential, units renting for $795.00 - $900.00 per month.; Discounted package purchase potential with additional duplex property.
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