Investing in real estate is a great way to build wealth over time, and there are few better places to do it than in Texas. With a booming economy and a growing population, there are always opportunities to find great investment properties throughout the state. And one property that’s currently on the market is a unique opportunity that any savvy investor should take a close look at.
Located in the heart of Waco, Texas, this investment property for sale is truly one-of-a-kind. It features two separate homes on one corner lot, offering a rare chance to earn rental income from two different properties at once. And with both homes in great condition and already rented out to reliable tenants, this investment is ready to start generating income from day one.
The white house at 2225 Trice Avenue is a two-bedroom, one-bathroom home that’s just over 800 square feet. It’s been well-maintained over the years, with a new roof and garage door installed in 2020. And with a long-term tenant already in place, paying $850 per month on a month-to-month lease, this home is a stable source of rental income for any investor.
The yellow house at 1805 N 23rd is also in excellent condition, with extensive remodeling work completed in 2022. The kitchen and bathroom have been completely renovated, and new vinyl plank flooring and fixtures have been installed throughout the home. The plumbing and foundation have also been updated, and the garage has been converted into a second bedroom, making the home almost 750 square feet in total. With a new roof installed in 2020 and a new HVAC system installed in 2019, this home is a great investment opportunity in its own right.
But what makes this property truly special is the fact that it includes two separate homes on one corner lot. That means that investors can earn rental income from both properties at once, without having to worry about managing two different parcels of land. And with both homes already rented out to reliable tenants, this investment is a turnkey opportunity that’s ready to start generating income right away.
If you’re looking for a unique investment opportunity in Texas, this property is definitely worth taking a closer look at. With two separate homes in great condition and already rented out to reliable tenants, this investment is a great way to start building wealth through real estate. So don’t wait – contact a real estate agent today to learn more about this exciting opportunity.
2225 Trice Avenue, Waco, TX 76707