2002 31st Street, Lubbock, TX 79411

$120,000
: 3
BD
: 2
BA
: 1,458
SqFt

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List Price: $120,000
MLS#: 202612868
Status: ACTIVE
Year Built: 1941
Type: Single Family Residential
Bedrooms: 3
Bathrooms: 2
Living Area: 1,458
Lot Size: 7,112
County: Lubbock
City: Lubbock
Legal Description: McCrummen 2nd Blk 42 L 12

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Property Description

Calling all Investors looking for the coveted 1% rule! This home is the perfect addition to your portfolio, or a great one to pick up as your first investment property. Seller is willing to carry a portion of the note! This property is professionally managed and the lease goes until 8/2027 at $1200/mo making this a cash cow! If you're looking for a turn-key investment with potential ARV opportunity with a back efficiency apartment ready to renovate, this is the one for you.

(806) 450-0545

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Additional Information

Taxes: $2,357
Heating: Central
Cooling: Central Air
Foundation: Pillar/Post/Pier
School District: Lubbock ISD
Elementary School: Brown
Middle School: Slaton
High School: Monterey