602-606 S 8th Street
Property Description
Positioned in the heart of downtown Waco, this is a rare opportunity to own two top-performing short-term rentals in one of the city's most sought-after districts. Located within walking distance to Magnolia Market at the Silos and just minutes from Baylor University, The Armstrong and Fitzgerald consistently attract Baylor families, game-day visitors, and weekend travelers year-round. What truly sets this property apart is its coveted O-2 zoning in the Silo District with no restrictions on short-term rental use - a rare and highly desirable designation that protects and enhances its long-term investment value. The homes are active, professionally operated, top-performing STRs with proven income history, offering investors immediate cash flow and seamless operational continuity from day one. Blocks from the Silos and moments from downtown Waco and Cameron Park, the location delivers the walkability and convenience today's guests demand. The property consists of two spacious brownstone-style retreats designed for both comfort and an elevated guest experience. This peaceful getaway features expansive living, kitchen, and dining spaces ideal for hosting and gathering. The homes each comfortably accommodate 7 people - or guests can reserve both properties for larger groups. Additional amenities include: - Downstairs primary suites with luxurious spa-style bathrooms - En suite bathrooms for every bedroom - Fully stocked kitchens designed for extended stays - Washers and dryers - Thoughtfully curated furnishings and decor Turnkey, income-producing, and strategically located in one of Waco's most dynamic growth corridors, The Armstrong and Fitzgerald represent a premier investment opportunity in a thriving short-term rental market.
Broker Details
Magnolia Realty (254) 744-4091
MLS ID: 0526291 State License Number: 0526291
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,349,000 |
| No. of Units: | 2 |
| Year Built: | 2022 |
| Lot Size: | 4,264.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $674,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 8 |
ID: 3yd-NTREIS-21192983
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