About 1621 Alexander Avenue
This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.
Features of 1621 Alexander Avenue
| MLS® # | 21381866 |
|---|---|
| Price | $450,000 |
| Square Footage | 2,082 |
| Acres | 0.19 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1621 Alexander Avenue |
|---|---|
| Subdivision | Farwell Heights |
| City | Waco |
| County | McLennan |
| State | Texas |
| Zip Code | 76708-2921 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Parking Spaces | 2 |
| Garages | Assigned, Paved |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Granite Counters, High Speed Internet Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick, Frame, Rock/Stone |
| Foundation | Slab |
School Information
| District | Waco ISD |
|---|---|
| Elementary | Cedar Ridge |
| Middle | GW Carver |
| High | Waco |
Additional Information
| Flooring | Concrete |
|---|---|
| $/LivSqFt | $216 |
| Net Income | $56,360 |
| Building Sqft | 2,082 |
| # Units | 2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jordan Alders |
|---|---|
| Office | Coldwell Banker Apex, REALTORS |