1912 Avenue L, Lubbock, TX, 79411

Calling all investors, no Fee

? Almost Fully Updated and Tenant-Ready!

The triplex includes three 1-bedroom, 1-bath units:

Unit A: Rented for $600/month almost 700sq feet
Unit B: Rented for $500/month (Long term more than 5 year tanent! can update lease to raise rent!)
Unit C: Vacant, 354 sq ft with a new water heater, washing machine, fridge, and kitchen floor needing sealing. A window A/C unit is also required (estimated cost: $2K for all upgrades).

Each unit has separate utilities, with tenants responsible for their own utility payments.

?? Asking Price: $143,000, offering a 12% Cap Rate—well above the 1% Rule!

?? Contact: 806-806-0803 – All offers welcome!

Don’t miss out on this opportunity!
Owner is pursuing a larger project.