1802 38th Street Active Save Request In-Person Tour Request Virtual Tour
Lubbock,TX 79412
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,128 sqft
Price per Sqft $75
Subdivision 204
MLS Listing ID 202416555
Bedrooms 2
Full Baths 2
Year Built 1943
Lot Size 6,616 Sqft
Acres 0.1519
Property Description
Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.
Location
State TX
County Lubbock
Area 2
Zoning 2
Interior
Heating Central Gas
Cooling Central Electric
Heat Source Central Gas
Building
Structure Type Other
Schools
Elementary Schools Elementary
Middle Schools Jr. High
High Schools High School
School District Lubbock Isd
Others
Tax ID R101760