Listing provided courtesy of EG Realty- MLS# 21275412MLS ProviderContact Information: Anel Perales - 254-300-1134,254-300-1134

1617 Cumberland AvenueWaco, TX 76708

Multi-Family · 6 Beds · 4 Full Baths · 2,564 Sq. ft. | 0.28 Acres
$389,900 Active

1617 Cumberland Avenue Overview

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Welcome to this newer brick and stone income-producing duplex, thoughtfully designed for durability, efficiency, and long-term investment potential. Each side offers 1,282 sq. ft. of well-designed living space featuring 3 bedrooms and 2 bathrooms with modern finishes throughout. The open-concept layout showcases stained concrete flooring and recessed lighting, creating a sleek and low-maintenance living environment. The kitchen features granite countertops, custom cabinetry, and plenty of space for cooking and entertaining. The primary bathroom also includes granite countertops along with a convenient tub shower combo. Each unit comes with its own private covered patio, perfect for relaxing outdoors. Outside, you'll find ample parking for up to 6 vehicles along with convenient alley access for added functionality and accessibility. The property is currently leased through the end of the year, making this a turnkey investment opportunity with immediate rental income. Whether you're looking to expand your investment portfolio or secure a well-maintained income-producing property, this newer construction duplex is an excellent opportunity.

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1617 Cumberland Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,564
  • Price/Sq.ft. $152
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Waco ISD
  • Elementary School: Brook Avenue
  • Middle Or Junior School: GW Carver
  • High School: Waco

Income/Expenses

  • Gross Income: 42000.0
  • Insurance Expense: 1567.0
  • Net Operating Income: 32471.0

Building Information

  • Year Built: 2023
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: McLennan
  • Postal City: WACO
  • Subdivision Name: 1617 Cumberland

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 7962.0

General Information

  • Disclosures: Flood Plain Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 480230310001010
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Plans
  • Building Area Total: 2564.0

General Information

  • Appliances: Electric Water Heater
  • Flooring: Concrete,Painted/Stained
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,Granite Counters,Open Floorplan
  • Levels: One
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Concrete
  • Parking Total: 6.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.284
  • Lot Size Area: 0.284
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12371.04
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Patio And Porch Features: Front Porch,Covered
  • Roof: Composition,Shingle

General Information

  • Fencing: Back Yard,Chain Link
  • Number Of Units Total: 2
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Separate Meters,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1617 Cumberland Avenue Market Data

Based on the last 30 days in this zip code

$336,099
Average List Price
$180
Average Price per Square Foot
26
Properties Sold
104
Average Days on Market
243
Properties for Sale
Calculations provided by Reliance Network


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