Looking for a rental property that is already producing income? This 3-bedroom, 1-bathroom home at 1937 E Colgate St, Lubbock, TX is tenant-occupied and currently renting for $1,200/month, offering immediate cash flow from day one. Offered at $100,000, this recently remodeled property could be a strong addition to your rental portfolio or a great entry point for an investor looking for steady monthly income. Inside, the home features a comfortable layout, a fireplace, and updates that help make it appealing for both tenants and future owners. The existing tenant provides a smooth transition and helps reduce the downtime and uncertainty that can come with placing a new renter. Highlights: Sales Price: $100,000 Current Rent: $1,200/month 3 Bedrooms 1 Bathroom Fireplace Recently Remodeled Tenant Occupied Immediate Cash Flow Investor-Friendly Opportunity Please do not disturb the tenant. Showings available by appointment with proper notice. Buyer to verify all property details, lease terms, taxes, insurance, and condition.
59 days
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43
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4
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Zillow last checked:
Listing updated:
Listed by:
Chris CarterTREC #0817825806-500-5599,
The 32:18 Management Group
Source: LBMLS,MLS#: 202608348
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Heating
Central, Fireplace(s)
Cooling
Central Air
Appliances
Included: Gas Range, Refrigerator
Laundry: In Unit
Features
Ceiling Fan(s)
Flooring: Luxury Vinyl
Number of fireplaces: 1
Fireplace features: Wood Burning
Interior area
Total structure area: 1,331
Total interior livable area: 1,331 sqft
Finished area above ground: 1,331
Property
Parking
Parking features: Driveway
Has uncovered spaces: Yes
Features
Exterior features: None
Fencing: Chain Link
Lot
Size: 7,405 Square Feet
Details
Parcel number: R80078
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence, Residential