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3308 2nd Street, Lubbock, TX 79415
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$1,200,000
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Home Details for 3308 2nd Street
Price
$1,200,000
Type
Multi Family
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Year Build
1947
Sq. Ft.
1088
Lot Size
0.15
County
Lubbock
Tax
$284
MLS®️ Listing#
202557064
On exitrealty.com
140 days
Property Description
Price Reduction by 7.45% making this portfolio even better. Turn-key 18-Door SFR Portfolio Step into instant cash flow with this rare package of 18 single-family homes—14 already leased at market rents and collectively outperforming the coveted 1 % rule. This portfolio delivers steady income today and clear upside tomorrow. Why investors like you will love it - Strong, Stable Rent: Long-term tenants in place, maintained to neighborhood standards, and managed by 32:18 Management—who will gladly stay on for a seamless hand-off. Plug-and-Play Operation: Existing systems, leases, and rent roll mean you collect cash from Day 1. Built-in Value-Add: All homes sit in solid C-class sub markets and are in functional condition: enjoy immediate returns now, then unlock more equity with targeted upgrades as schedules and budgets allow. Balanced Risk: Spread across multiple blocks, reducing vacancy exposure while keeping management efficient. Investor-Friendly Numbers: At or above the 1 % rule, this package works for BRRRR, buy-and-hold, or 1031-exchange strategies. Seller will provide full rent roll, maintenance history, and recent improvement list upon request. Properties convey **as-is**; inspections welcome. Expand your portfolio with 18 proven performers—schedule your walk-through and financial review today!
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Listing Courtesy: Keller Williams Realty - 806-771-7710. Presented by: Felicia Estrada
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EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Licensed in the state of Texas.
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$1,200,000
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EXIT REALTY OF LUBBOCK
2405 W. Loop 289 Suite 100, Lubbock, TX 79407
Licensed in the state of Texas.