1621 Avenue YLubbock, TX 79401

Description

SHORT SALE - Property is being sold AS-IS and all offers are subject to lender approval. Unique investment opportunity near Texas Tech featuring three separate dwellings on one property! Located approximately a 20-minute walk from Jones AT&T Stadium, the property includes a 3-bedroom, 2-bath main home that has been operating as an Airbnb, plus two 1-bedroom, 1-bath efficiency units. The efficiency units are currently occupied and generate a combined rental income of $1,137 per month. Due to tenant occupancy, the efficiency units will not be available for showings until the property is under contract. With multiple existing income streams and close proximity to Texas Tech, this property offers an opportunity for investors looking to add to their rental portfolio. Buyer to verify all property information, rental information, restrictions, and short-term rental requirements.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1927

Stories

2

Living area

2,067 Sq Ft

Lot size

0.14 acres

Days on market

35

MLS^® Listing#

202612317

Property Features

Interior

Bookcases · Ceiling Fan(s)

Exterior

Private Entrance · Private Yard

Appliances

Dryer · Electric Oven · Refrigerator · Washer

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Central · Natural Gas

Flooring

Vinyl

Parking

Alley Access · Driveway

Laundry

Inside · Main Level

Patio

Front Porch

Fencing

Fenced · Back Yard

Construction

Brick

Foundation

Slab

Roof

Composition

Utilities

Electricity Connected · Natural Gas Available · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Ramirez Charter School

Middle

Hutchinson

High

Lubbock

Financial Details

Annual taxes

$3,199

Parcel number

R68571