Courtesy: Campus, REALTORS
Come check out the Duplex at 601 and 603 N Rita, in Lacy Lakeview! Both sides currently leased. Each unit offers 1 bedroom and 1 bath. Current monthly rents are $1,000 and $900. Recent updates include a new roof and new windows. Great location just down from I-35. Large yard with mature trees! Principal in Selling Entity is a licensed Real Estate Broker in the state of Texas.
Courtesy: Keller Williams Realty, Waco
254-751-7900
Fully Occupied, Remodeled Duplex Across from TSTC - Here’s the kind of investment property that makes sense on paper and in person. This single-story Waco duplex is 100% occupied, with residential leases in place on both sides, offering an established income-producing opportunity from day one. Built in 1968, the property offers 1,800 total square feet on approximately 0.2328 acres, with two well-proportioned units of approximately 900 square feet each. Each side features 2 bedrooms and 1 full bath, giving the property a practical, straightforward layout that has stood the test of time. Both units have been remodeled, including new windows and flooring along with renovated kitchen and bathroom. The duplex features functional living spaces with luxury vinyl plank flooring, neutral finishes, kitchens with ample cabinetry and counter space, and comfortable room sizes. Seller-owned appliances, including refrigerators, washers and dryers, convey with the property. Central heat and air, along with city water and sewer, round out the everyday essentials. Outside, mature trees bring shade and character to the lot, while open parking keeps things uncomplicated. The location is hard to overlook, sitting just across the street from Texas State Technical College and convenient to I-35 for access throughout Waco and beyond. Whether adding to an existing portfolio or making a first move into multifamily ownership, this fully occupied duplex offers something investors appreciate: two doors, established tenancy, thoughtful improvements, and a location with practical staying power.
Lacy Lakeview is located in Texas. Lacy Lakeview, Texas has a population of 68,400.
The median household income in Lacy Lakeview, Texas is $42,687. The median household income for the surrounding county is $53,723 compared to the national median of $69,021. The median age of people living in Lacy Lakeview is 29.1 years.
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 35.9 inches per year, with 0.4 inches of snow per year.
