4708 47th Street, Lubbock, TX 79414

Property Description

This is a package of 4 properties. Three lease properties have ontime paying and good maintenance tenants, who have been with me for 3 to 6 years. I waited till they are month to month, so I can sale all of my Lubbock Properties. 5736 94th St. has 3-2-2 and has class 4 roof with insurance reduction, new within 6 months, water heater, toilets, dishwasher and there is a magnificent storage building. The home is exceptionally cared for, but not updated. 4011 44th has repaired roof, recent exterior scrape, caulk and paint with sealing doors properly. It is a (3-1.5-1) hardwood floors, sprinkler system. Tenants keep the inside clean. This listing is 4708 47th St. It is a 3-2-2 renovated, clean, spacious, large yard with metal fence. Like new HVAC. (94th and 47th are excellent tenants, 44th are a day late often but always send the late fee, you can count on it. They have lived there like 13 years. All three want to stay. 94th St. is 1,544 sf, pays $1,500. 4011 44th is 1,112 sf, pays $1,050. 47th St. is 1,438 sf, pays $1,300.00. They are aware that rents will be going up. The 4th property is 2.5 beautiful acres on a rise, covered with great grazing that blows in the wind like wheat. It is a great building site on FM 1729 in the New Deal School District. You will have an immediate reture on over 7% on these properties. Sale the building lot and it goes up. Anxious seller, lets talk.