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Waco, TX 76705 10,12,14,16 20 Addi Lane

$1,000,000

10,12,14,16 20 Addi Lane Waco, TX - Image 110,12,14,16 20 Addi Lane Waco, TX - Image 210,12,14,16 20 Addi Lane Waco, TX - Image 3
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Presented By: Kolbey Carpenter with Classic Realty;
  • MLS# 21016036
  • 07/30/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5

Home Details

Rare opportunity to acquire five townhomes within the same complex. These units present a value add opportunity for multifamily investors. Three units are 3 bed 2 bath, each 1,520 SF. Two units are 1 bed 1 bath, each encompassing 738 SF. These units stay occupied and tenant pays all utilities. All units have a new roof as of July 2025. Four units are in long term leases and one unit is MTM. These townhomes are within close proximity to I-35, TSTC Technical College and Downtown Waco. Please ask listing agent for rent roll and financials.
Presented By: Kolbey Carpenter with Classic Realty;

Interior Features for 10,12,14,16 20 Addi Lane

Bathrooms

Total Baths

Other Interior Features

Unit Count5
Lock Box TypeNone
FlooringCarpet, Ceramic Tile
Interior FeaturesLoft
Occupancy Rate100
Total Units5

General for 10,12,14,16 20 Addi Lane

# of Buildings5
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator
Capitalization Rate5.67
CityWaco
Complex NameN/A
Construction MaterialsBrick, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyMcLennan
DirectionsSee GPS.
Elementary SchoolConnally
Elementary School NameConnally
Gross Annual Expenses19082.00
HOA TypeNone
HeatingCentral, Electric
High SchoolConnally
Insurance Expense5500
Junior High SchoolConnally
LevelsTwo
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Maintenance Grounds
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictConnally ISD
Standard StatusActive
StatusActive
Subdivision NameSKY VIEW ADD
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2007
Year Built DetailsPreowned

Exterior for 10,12,14,16 20 Addi Lane

Building Area Total6036.00
Foundation Slab
Lot Size Acres0.6480
Lot Size Area0.6480
Lot Size Square Feet28226.8800
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesGarage

Additional Details

Price History

Schools

Middle School N/A
Elementary School Connally Elementary School
High School N/A

Cassie Huerta

Price $1,000,000
MLS#21016036
List Date 07/30/2025
Property Type Multi-Family
Phone 903.360.3264
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