1310 54th Street Active Save Request In-Person Tour Request Virtual Tour
Lubbock,TX 79412
Key Details
Property Type Multi-Family
Sub Type Mid/High-Rise
Listing Status Active
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $72
Subdivision 208
MLS Listing ID 202417063
Bedrooms 8
Full Baths 8
Year Built 1972
Annual Tax Amount $5,551
Lot Size 0.327 Acres
Acres 0.327
Property Description
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!
Location
State TX
County Lubbock
Area 2
Zoning 2
Interior
Heating Central Electric,Mini Split,Other
Cooling Window/Refrigerated
Heat Source Central Electric,Mini Split,Other
Exterior
Pool No
Roof Type Composition
Private Pool No
Building
Foundation Slab
Architectural Style 2 Story,Traditional
Structure Type Brick
Schools
Elementary Schools Elementary
Middle Schools Jr. High
High Schools High School
School District Lubbock Isd
Others
Tax ID R101362