.(141184) Great 4-Plex Priced to Sell, Lubbock, TX Sold

$139,900 - CCR 33% - 5 YR ROI 61.7%

Sold

Collect $2,400/month OR MORE on this
Residential 4-plex (2 Duplexes)
In Lubbock TX

Perfect Starter Property

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For a price of Single Family Home, you can have 4 income-producing units!

PRICED TO MOVE QUICKLY: $139,900

This multifamily property offers multiple money-generating strategies:

• Current Occupancy: 100%
• $17,280 estimated annual NOI
• Cash on Cash Return on Actuals: 33%
• Tenants pay for all utilities
• Perfect Residential Multifamily deal
• Excellent Property Management in place
• Value play: Rent Increase!
• Great Residential Neighborhood
• Nearby Texas Tech University
• Construction: Concrete Slab, Wood Frame, Brick Exterior
This is an off-market deal that is being offered before it goes to the
nationwide market on April 25, 2016.

For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 806-424-0120 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 806-424-0120 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$139,900 - CCR 33% - 5 YR ROI 61.7%
Address:
2102 22nd St
City:
Lubbock
State:
Texas
Zip Code:
79411
Terms:
For Sale
Property Type:
Duplex

Property Location