1924 17th Street, Lubbock, TX 79401
$575,000
Property Type:
Residential Income
Bedrooms:
5
Baths:
4
Square Footage:
3,470
Lot Size (sq. ft.):
9,563
Status:
Active
Current Price:
$575,000
List Date:
3/07/2025
Last Modified:
3/07/2025
Description
This fully remodeled 4-plex is an investor's dream come true, offering the perfect combination of steady, long-term income and high profit short-term rental potential in an unbeatable location just steps from Texas Tech. The property features three one bedroom, one bath units and one two bedroom, one bath unit. Each is equipped with its own water heater, HVAC system, keyless entry, and separate utility meters, ensuring convenience for tenants and owners alike. Upgraded with new paint, modern hardware, updated HVAC systems, stylish fixtures, and a brand new roof, the property is designed for low maintenance. Each unit is fully furnished with high quality furniture, stylish decorations, rugs, linens, towels, and fully stocked kitchens, making it completely turnkey and move in ready. The three one bedroom units are rented to grad students through July 2026, generating $3300 in guaranteed monthly income. The 2 bedroom is a very lucrative short term rental.
Supplements: ********
More Information MLS# 202551458
Contract Information
Current Price: $575,000
Original List Price: 575000
List Price: $575,000
Status: Active
Listing Contract Date: 2025-03-07
Property Sub Type: Quadruplex
Listing Agreement: Exclusive Right To Sell
Owner Name: Al Patton Properties L L C
Location Tax and Legal
Street Number: 1924
Street Name: 17th
Street Suffix: Street
County: Lubbock
State: TX
Postal Code: 79401
Zone: 1
General Property Information
Bedrooms Total: 5
Bathrooms Full: 4
Total Bathrooms: 4
Above Grade Finished Area: 3470
Above Grade Finished Area Source: Owner
Living Area: 3470
Living Area Source: Other
Accessibility Features YN: No
Year Built: 1955
Year Built Source: Public Records
Garage YN: No
Carport Spaces: 4
Carport YN: Yes
Lot Size Acres: 0.22
Lot Size Square Feet: 9563
Lot Size Source: Public Records
Basement YN: No
Fireplace YN: No
Remarks and Miscellaneous
Public Remarks: This fully remodeled 4-plex is an investor's dream come true, offering the perfect combination of steady, long-term income and high profit short-term rental potential in an unbeatable location just steps from Texas Tech. The property features three one bedroom, one bath units and one two bedroom, one bath unit. Each is equipped with its own water heater, HVAC system, keyless entry, and separate utility meters, ensuring convenience for tenants and owners alike. Upgraded with new paint, modern hardware, updated HVAC systems, stylish fixtures, and a brand new roof, the property is designed for low maintenance. Each unit is fully furnished with high quality furniture, stylish decorations, rugs, linens, towels, and fully stocked kitchens, making it completely turnkey and move in ready. The three one bedroom units are rented to grad students through July 2026, generating $3300 in guaranteed monthly income. The 2 bedroom is a very lucrative short term rental.
Status Change Information
Major Change Timestamp: 2025-03-07T22:42:14Z
Major Change Type: New Listing
Status Change Timestamp: 2025-03-07
Lock Box Information
Lock Box Location: Door code to Apt 1 is 5491
Lock Box Serial Number: door code to Apt 1 - 5491
Unit Details
Number Of Units Leased: 3
Title Company Information
Title Company: Service Title Slide
Title Company Address: 11421 Slide Road
Title Company Phone: 806-368-9507
Property Features
Construction Materials: Unknown
Cooling: Multi Units
Heating: Central; Natural Gas
Laundry Features: Laundry Room; Lower Level; Outside
Lease Term Options: 12 Months
Listing Terms: Cash; Conventional
Parking Features: Carport
Property Condition: Updated/Remodeled
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Security Features: None
Special Listing Conditions: Standard
Showing Considerations: Occupied
Listing Office: Kim & Company, REALTORS
Listing Agent: Kyla Sell
Last Updated: March - 07 - 2025
Information deemed reliable but not guaranteed.