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
