2701 2nd St, Lubbock, TX 79415, USA
2701 2nd St, Lubbock, TX 79415, USABasics
- Bedrooms: 4
- Bathrooms: 2
- Area: 1412 sq ft
- Lot size: 6873 sq ft
- Year built: 1947
Description
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Description:
Cash Flow King of Rentals + Equity!
What's better than 1 rental unit? 2 for the price of 1!
ARV: $140k-$150k| Market Rents: $1800 - 2000mo! | Price: only $100k!
3 bed 2 bath + 1 Bed Efficiency | Front House is 912 sqft Back House is 500sqft | 1412sqft total
Front house is Vacant | Efficiency is Occupied for $838/mo all bills paid
Cosmetic repairs needed | $40,000 - $50,000 Gross Margins!
Fill out the form below to speak with us or contact Blake! 806-808-0090
*Comps*
2608 Colgate St - $111.81/sqft
2602 Bates St - $94.74/sqft
3218 1st St - $96.18/sqft
2609 1st St - $89.29/sqft
2718 Cornell St - $91.80/sqftAverage $/sqft - $96.76
Our Process:
- Looking for a buyer who can close quickly.
- When you make an offer, let us know your timeline for closing. We typically like to be under 2 weeks.
- Cash preferred, financing is okay with quick closing
- Please do your due diligence up front, bring contractors to the scheduled walkthrough
- We accept the best and final offer. No bidding wars, so don’t hold anything back with your offer.
- If you are an agent, please add your commission on top of the offer price.
- Earnest Money Deposit of $5,000 will be due within 24 hours of signing. Earnest money is refundable only if we can’t deliver a clear title on the property.
- The buyer pays both sides of the closing cost.
- Buyer accepts the property AS-IS.