$650,000

Estimated payment $4,117/month

Total Views 531
-- Bed
-- Bath
6,360 Sq Ft
$102 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Heating Available
  • Cooling Available

About This Home

9 UNIT INVESTMENT PROPERTY - 2600 Grim Ave. is a 9-unit investment property, soon to be fully leased. This is a great opportunity to cash flow a 9-unit property centrally located in Waco that has been updated over the past few years. The roof was replaced approximately 6 years ago. Insulation and exterior siding was replaced approximately 4 years ago. The exterior was painted approximately 4 years ago. As tenants have changed over, interiors have been updated. Over the last 6 years several HVAC units have also been replaced. Reach out today to schedule a showing and to request further details!

Listing Agent

Collin Coats

Bentwood Realty License #686667 Listed on: 08/29/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,219

Year Built

  • Built in 1983

Lot Details

  • 0.38 Acre Lot
  • Cleared Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Decorative Lighting

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Covered Patio or Porch

Schools

  • Provident Heights Elementary School
  • Waco High School

Utilities

  • Cooling Available
  • Heating Available
  • Vented Exhaust Fan

Listing and Financial Details

  • Legal Lot and Block 15 / I
  • Assessor Parcel Number 480438000069012

Community Details

Overview

  • 9 Units
  • 6,360 Sq Ft Building
  • West End Subdivision

Building Details

  • Gross Income $82,667
  • Net Operating Income $31,423

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,219

Year Built

Built in 1983

Lot Details

0

Listing Details

  • OWNERNAME: 1320 INVESTMENTS LLC
  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • CapRate: 4.83
  • Co List Office Mls Id: A8295177
  • Special Features: VirtualTour
  • Year Built: 1983

Interior Features

  • Interior Amenities: Decorative/Designer Lighting Fixtures
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
  • Basement YN: No

Exterior Features

  • Foundation: Slab
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Frame, Concrete
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Asphalt
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Provident Heights
  • High School: Waco
  • Junior High Dist: Waco ISD

Lot Info

  • Lot Features: Cleared, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.379
  • Parcel Number: 480438000069012
  • Lot Size Acres: 0.379
  • Lot Size Sq Ft: 16509.24

Building Info

  • Year Built: 1983
  • Units Total: 9
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 5707.0
  • Annual Gross Income: 82667.0
  • Property Net Operating Income: 31423.0

Tax Info

  • TaxBlock: I
  • Tax Lot: 15
  • Tax Annual Amount: 7219.0

MLS Schools

  • MiddleOrJuniorSchool: Tennyson

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $650,000 -- $102 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21043112

North Texas Real Estate Information Systems (NTREIS)

APN: 480438000069012