1802 38th Street

Lubbock, TX 79412

About this property

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.

About this property

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.

Features and Additional Information

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$80,000 Active
2 Bed(s)
2
Baths
1,128 SqFt

Presented By Amy Tapp Realty

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Get in touch today! Phone: 1-806-607-5922
Brokerage
Lubbock Discount Realty
1-806-577-4677
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Area Information

Lubbock | Lubbock County |

$ 80,000
This listing is play_arrow 42.4% lower than the average in the area
$ 139,000 in the area
1,128 SqFt
This listing is play_arrow 19.0% smaller than the average in the area
1,393 SqFt in the area
$ 71 $/SqFt
This listing is play_arrow 28.9% less than the average in the area
$ 100 $/SqFt in the area
148 days on site
This listing is play_arrow 117.6% above the average in the area
68 days on site in the area

Schools in the Area

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    Elementary School
    Bean
  • turned_in
    Middle School
    Slaton
  • turned_in
    High School
    Monterey

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Listed By Stephen Bearden
Brokerage: Lubbock Discount Realty

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