About this property

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.