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Brooks Brothers Real Estate
2810 35th Street - Image 1
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Just ListedHot Listing

2810 35th Street

Lubbock, TX 79413

2

Bedrooms

1

Bathrooms

736

Sq Ft

1953

Year Built

About This Home

INVESTORS ONLY! TENANTS IN PLACE thru May 2027 - - - - - - - Turnkey, income-producing investment opportunity with immediate cash flow, currently generating $900 per month in rental income. This well-maintained 2-bedroom, 1-bath home offers nearly five years of documented rental and operating history, making it an exceptional addition to both new and seasoned investment portfolios. Investment highlights include ** 16.1% documented rent growth during current ownership, ** long-term tenant occupancy, and ** professional property management with a seamless transition available if desired. A comprehensive Investor Due Diligence Package is available for qualified buyers and includes the current lease, rent roll, operating statements, maintenance history, capital improvement history, and supporting property documentation. Certain documents containing confidential tenant, personal, or financial information will be provided to qualified buyers and/or during the option period. Improvements include a whole house painting in 2024; a tankless water heater and HVAC condenser fan replacement in 2023. Routine maintenance has been consistently performed throughout ownership. Beautiful hardwood floors in the living room and bedrooms provide timeless appeal, durability, and long-term tenant desirability. Whether you're expanding an existing portfolio or purchasing your first rental property, this is a great opportunity to acquire a stabilized, professionally managed investment property with immediate income, documented operating history, and a seamless ownership transition.

Property Details

Property Type

RES

Property Style

SingleFamilyResidence

Status

Active

MLS #

244446133

Days on Market

27

Interior Features

Total Bedrooms

2

Flooring

Hardwood

Cooling

Ceiling Fan(s), Central Air, Electric

Heating

Central, Electric

Exterior & Lot

Parking

Attached Carport, Carport

Financial Information

List Price

$89,900

Price per Sq Ft

$122

Est. Monthly Payment

$450

Market Insights

$/Sqft vs Market Avg

+1%

Market avg: $120/sqft

Days on Market

27

Market avg: 30 days

Price Position

Below Market

Market avg: $281,543

*Compared to 100 active listings in the area

Location

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2810 35th Street

$89,900

$122/sqft

Est. $450/mo*

*Based on 20% down, 30-year fixed

Private inquiry

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CB

Christopher Brooks

Your Local Expert

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