Welcome to 2609 Ave K — a compelling opportunity for investors looking to secure a stabilized property with significant value-add potential. This home is currently occupied by a long-term tenant who pays consistently and would like to remain, providing immediate income and peace of mind. The tenant is on a month-to-month lease, giving flexibility for future plans. The property is currently under-rented, offering a clear opportunity to increase cash flow over time. For those looking to maximize rents, a light update or refresh could help bring the property up to current market standards. What truly sets this property apart is the price — listed at approximately 52% of its market value, creating a rare opportunity for substantial equity and long-term upside. Located in Central Lubbock with convenient access to major roadways, downtown, and Texas Tech University, this area continues to attract steady rental demand. Whether you're building your portfolio or looking for a high-margin investment, this property offers the ideal combination of stability, flexibility, and strong upside potential.

Source: Lubbock MLS, MLS#: 202605973