1310 54th Street

Lubbock, TX 79412

About this property

Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!

About this property

Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!

Features and Additional Information

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$380,000 Active
8 Bed(s)
8
Baths
5,472 SqFt

Presented By Amy Tapp Realty

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Get in touch today! Phone: 1-806-607-5922
Brokerage
Lubbock Select Realty
1-806-696-7700
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Area Information

Lubbock | Lubbock County |

$ 380,000
This listing is play_arrow 173.4% higher than the average in the area
$ 139,000 in the area
5,472 SqFt
This listing is play_arrow 292.8% larger than the average in the area
1,393 SqFt in the area
$ 69 $/SqFt
This listing is play_arrow 30.4% less than the average in the area
$ 100 $/SqFt in the area
131 days on site
This listing is play_arrow 101.5% above the average in the area
65 days on site in the area

Schools in the Area

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    Elementary School
    Hodges
  • turned_in
    Middle School
    Slaton
  • turned_in
    High School
    Estacado

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Listed By Tiffany Cook
Brokerage: Lubbock Select Realty

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