Do Real Estate on the Go!
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Do Real Estate on the Go!
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$130,000
3 Beds
- 2 Baths
2 full baths
--sqft
1516 27Th St, Lubbock, TX 79411
$130,000
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Multi Family
Built in 1943
$-- HOA
6,694 sqft lot
--/sqft
Description
Excellent investment opportunity with immediate income potential! This property features a tenant-occupied 2-bedroom, 1-bath main home currently leased at $700 per month, plus a fully renovated 1-bedroom, 1-bath detached ADU completed in 2025. The ADU was previously leased for $830 per month and is now vacant, offering the flexibility to place a new tenant at market rates or use the space for extended family, guests, or a home office (buyer to verify permitted uses).
The recent renovation of the ADU provides a fresh, move-in-ready space, while the established rental in the main home offers immediate cash flow. Conveniently located near Texas Tech University, downtown L...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1943
HOA Fees
-
Finished Area
- sqft
Lot Size
6,694 sqft lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21320356
MLS Status
Active
Cumulative Days on Market
5
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