1937 E Colgate StreetLubbock, TX 79403

Description

Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1961

Living area

1,331 Sq Ft

Lot size

0.17 acres

Days on market

107

MLS^® Listing#

202608348

Property Features

Interior

Ceiling Fan(s)

Exterior

None

Appliances

Gas Range · Refrigerator · Gas Water Heater

Cooling

Ceiling Fan(s) · Central Air

Heating

Central · Fireplace(s)

Flooring

Vinyl

Fireplace

Wood Burning

Parking

Driveway

Laundry

In Unit

Fencing

Chain Link

Construction

Brick Veneer

Foundation

Slab

Roof

Composition

Financial Details

Annual taxes

$851

Parcel number

R80078