1802 38th Street
$85,000
2
2
1,128
1,128
$75
Description
Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect...Attention Investors: Instant Cash Flowing Duplex! Far surpasses the 1% rule Calling all investors and contractors! This 2 bedroom, 2 bathroom duplex is ready for its next owner! Located minutes from Texas Tech and quick access to the interstate. The best part is its already occupied for $1150 per month! Talk about CASH FLOW day 1! Key Features: Updated Electrical Updated Water Heater Off Street parking 2 car garage Private Backyards! Sold as-is, offering a blank canvas for your creative vision Perfect project for Investors or DIY enthusiasts Investor special with immense profit potential ($25,000 gross margins) Ideal for landlords looking to expand their portfolio. This home has great potential as a rental property at $1200-1400 per month market rent. Currently occupied until early next year! Cash or Hard money loan only.
- Listed by Stephen Bearden • TREC #0538569 • Lubbock Discount Realty
Amenities
- Air Conditioning
- Garage
- Street Parking
LISTING UPDATED: 12/09/2024 01:31 PM
Property Details for 1802 38th Street
Status | Active |
---|---|
MLS # | 202416555 |
Days on Market | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Duplex |
Year Built | 1943 |
Lot Size | 0.15 AC / 6,615 SF |
County | Lubbock County |
Building Information for 1802 38th Street
Stories-Residences-Year Built1943Building Size-Lot Size0.15 AC / 6,615 SF
Property Information for 1802 38th Street
Property History for 1802 38th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1802 38th Street
Taxable ValueLand$3,465Additions$122,176Total$125,641
Tax Record2023$1,400 ($117 / month)
Home Facts
Total Finished SqFt1,128 SqFtAbove Grade Finished SqFt1,128 SqFtLot Size6,615 SqFtStyleDuplexYear Built1943Zoning0038CountyLUBBOCKAPNR101760
Schools near 1802 38th Street
This home is within Lubbock Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 2 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 1 |
Rating | School | Distance |
---|---|---|
Brown Elementary School Public2 to 5 | ||
Slaton Middle School Public6 to 8 | ||
Monterey High School Public9 to 12 | ||
Brown El GR PK to 01 PublicPK to 1 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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