$395,000
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54th Street Lubbock, TX 79412
Multi-Family
Residence
8
Beds
8
Baths
5,472
Sq. Ft.
0.33
Acre
Lot
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Investment Opportunity: 8-Unit All-Bills-Paid Apartment Building. Discover the potential of this brick-built 8-unit apartment complex, located in a transitional neighborhood offering tremendous upside for the right investor. Each unit features a one-bedroom, one-bath layout, with some units boasting... modern updates while others await a creative touch. This property is all bills paid, making it an attractive option for tenants and an excellent opportunity for an investor willing to take a hands-on approach. While the building has some deferred maintenance, it provides a chance to increase equity through thoughtful improvements and management. The property's manageable size and straightforward layout are ideal for an owner-operator who's ready to roll up their sleeves and capitalize on its potential. Whether you're looking to start or expand your rental portfolio, this building offers the foundation for consistent income and long-term growth. Schedule a showing today!
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MLS#
202417063
Property Type
Multi-Family
Bedrooms
8
Bathrooms
8 Full
Year Built
1972
Square Feet
5,472
sq. ft
Lot Size
0.33
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