1801 66th Street, Lubbock, TX, 79412

Description:
Investor Alert - Major Opportunity! Tax assessment of $359K and appraised for $292K with conventional financing 3 years ago. This vacant quadplex (two duplexes sold together: 1801 & 1713 66th St.) is priced to move and loaded with potential. Located near University Ave. and South Loop 289 just minutes from the Bayless Atkins neighborhood and Lowery Fieldâ€"this property is ideally situated for both market-rate and Section 8 tenants. Property features: Central HVACS, Private fenced backyards, Individual electric meters, Off-street parking (4 spaces total), Shared courtyard layout. Previously rented for a total of $3,650/month, this property now sits fully vacant and ready for a new owner with vision. With some cosmetic repairs and solid property management, this becomes a strong cash-flowing asset. Seller is highly motivated and cannot maintain the property any longer. All reasonable offers will be considered. Don't miss this chance to pick up a multi-family deal with built-in equity and serious upside.
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