.(144196) Fully occupied 4-plex priced to move, Lubbock, TX Sold

$139,900 - CCR 30%

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%
• $16,286 estimated annual NOI
• Cash on Cash Return on Actuals: 30%
• Tenants pay for all utilities
• Perfect Residential Multifamily deal
• Excellent Property Management is available
• Value play: Rent Increase!
• Great Residential Neighborhood
• Just 8 min drive from 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 Oct 17, 2016.

For IMMEDIATE DELIVERY of the Property Package:

Option 1: Text your name & email to 806-587-0110 and a packet will be emailed within 10 minutes

Option 2: Dial the voice box at 806-587-0110 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$139,900 - CCR 30%
Address:
6210 24th St
City:
Lubbock
State:
TX
Zip Code:
79407
Terms:
For Sale
Property Type:
Apartment

Property Location