2715 E 2nd St - Apartments FOR SALE


Lubbock, TX 79403
$420,000 USD
806-239-5313
2715 E 2nd St, Lubbock, TX for Sale
$420,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2715 E 2nd St
Lubbock, TX 79403


HIGHLIGHTS

  • 2715 E 2nd Steet offers three duplexes with six units. The unit mix is three bedrooms/two bathrooms.
  • Nestled in a peaceful suburb of Lubbock near an elementary school, a park, a library, and multiple churches.
  • There is updated exterior and interior paint, updated vinyl flooring, and improved kitchen and bathroom countertops.
  • Tenants benefit from covered carport parking on-site.

OVERVIEW

Reside Real Estate Co. presents three duplexes available for investor acquistion in Lubbock, Texas, at 2715 E 2nd Street; 1728 E Dartmouth Avenue & 1730 E Dartmouth Avenue. Various different upgrades have taken place, and the property is professionally managed by a local property management company, enabling a smooth and hands-off ownership transition. Each duplex offers three bedrooms, two baths, and carport parking. Seller Financing is available for these three cash-flowing properties. As of March 2024, the appraisal value was of $504,000. There is rental income potential of $4,800 per month. Inquire today about this premier opportunity to own six cash-flowing units with Seller Financing and 25% Down Payment.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$67 USD /SF

# OF UNITS

3

PRICE/UNIT

$140,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

R133978

ASK ABOUT THIS PROPERTY

Josh AllenReside Real Estate Co.More Info
806-239-5313

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Josh AllenReside Real Estate Co.More Info
806-239-5313

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.