Discover a remarkable income-producing property that meets the 1% rule! This investment property has a total of four units—a welcoming main house and an updated triplex located at the back, all nestled in the heart of Lubbock on 25th Street. Key Features: - Front House: 2 bedrooms, 1 bathroom, currently rented at $675/month. - Unit A: Renting for $550/month. - Unit B: Renting for $490/month. - Unit C: Renting for $525/month. It has a proven track record of steady cash flow and long-term tenants. This property has a historically low vacancy rate and its in a prime location near Texas Tech University UMC, and Covenant.
Property Features
Heating Information
Central
Electric
Natural Gas
Parking
Garage Faces Side
Off Street
Other
Cooling Information
Central Air
Electric
Listing Courtesy: Reside Real Estate Co. - 806-646-6423