2627 Sanger AveWaco, TX 76707

This exceptional investment opportunity presents a well-maintained, five-unit apartment building situated at 2627 Sanger Ave, Waco, Texas, 76707. Built in 1906, this two-story building offers a blend of classic charm and modern updates. The property benefits from a prime location just minutes from downtown Waco, providing convenient access to a vibrant urban core. Recent capital expenditures totaling nearly $243,000 have significantly enhanced the property, encompassing both interior unit renovations and exterior improvements. A detailed list of these upgrades is available. The strong local economy and increasing demand for multifamily housing in Waco make this a compelling investment prospect, promising stable returns and potential for long-term value appreciation. The property's proximity to essential amenities and the Waco Independent School District ensures a consistent tenant pool. This is an ideal acquisition for both seasoned and first-time multifamily investors seeking a well-positioned asset in a thriving Texas market. The building consists of one structure with five units. This presents a rare opportunity to acquire a well-maintained, updated multifamily property in a desirable location.