$89,900
INVESTORS ONLY! TENANTS IN PLACE thru May 2027 - - - - - - - Turnkey, income-producing investment opportunity with immediate cash flow, currently generating $900 per month in rental income. This well-maintained 2-bedroom, 1-bath home offers nearly five years of documented rental and operating history, making it an exceptional addition to both new and seasoned investment portfolios. Investment highlights include ** 16.1% documented rent growth during current ownership, ** long-term tenant occupancy, and ** professional property management with a seamless transition available if desired. A comprehensive Investor Due Diligence Package is available for qualified buyers and includes the current lease, rent roll, operating statements, maintenance history, capital improvement history, and supporting property documentation. Certain documents containing confidential tenant, personal, or financial information will be provided to qualified buyers and/or during the option period. Improvements include a whole house painting in 2024; a tankless water heater and HVAC condenser fan replacement in 2023. Routine maintenance has been consistently performed throughout ownership. Beautiful hardwood floors in the living room and bedrooms provide timeless appeal, durability, and long-term tenant desirability. Whether you're expanding an existing portfolio or purchasing your first rental property, this is a great opportunity to acquire a stabilized, professionally managed investment property with immediate income, documented operating history, and a seamless ownership transition.
2
Beds
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1
Baths
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202609067
MLS
2810 35th Street, Lubbock