Attention all real estate investors! A fantastic opportunity has arisen in the heart of Texas. Located just a stone’s throw away from the prestigious Texas Tech University, this Texas Duplex is for sale. This property offers a total of four units, with three units located at the front of the building and the fourth unit situated at the back.
The front of the property consists of a triplex, with the first unit being a spacious 3/2 that spans over 1382 square feet. This unit is currently rented out for $800 a month, making it an excellent source of passive income. The other two units located at the front of the property are both 1/1, with rental incomes of $595 and $655 respectively. These units are also a decent size, with square footage ranging from 558 to 600 square feet.
The fourth unit is located at the back of the property and has its own address, 1805 Ave V. This unit is a cozy 558 square feet and is currently rented out for $665 a month.
One of the unique features of this property is that it comes with an extra lot, making it an even more valuable investment. This Quadruplex is an excellent addition to any rental portfolio, offering a consistent source of income.
The location of the property is another selling point, as it is within walking distance of Texas Tech University. This means that there will always be a high demand for rental properties in the area, making this Quadruplex an even more attractive investment option.
In summary, this Quadruplex is a fantastic investment opportunity for anyone looking to expand their rental portfolio. With four units, a great location, and an extra lot, this property is sure to generate a consistent stream of passive income. Don’t miss out on this fantastic investment opportunity, schedule a viewing today!