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0 Package Property, Lubbock, TX

$605,000
Property Type: Residential Status: Closed
Current Price: $605,000 List Date: 12/21/2021 Last Modified: 1/31/2025

Description

Awesome investment package ready for a new portfolio! These properties are in great appreciating areas, and close to main locations in Lubbock. Some value add opportunity! 2 are currently leased and 2 are ready for new tenants.

Supplements: ********

More Information MLS# 202112288

Contract Information

Current Price: $605,000 Original List Price: 605000 List Price: $605,000 Status: Closed Listing Contract Date: 2021-12-21 Property Sub Type: Package Property

Location Tax and Legal

Street Name: Package Property County: Lubbock State: TX Zone: 3

General Property Information

Historical Package Units: Package Comments: 4 Properties in Great Locations! Basement YN: No

Remarks and Miscellaneous

Public Remarks: Awesome investment package ready for a new portfolio! These properties are in great appreciating areas, and close to main locations in Lubbock. Some value add opportunity! 2 are currently leased and 2 are ready for new tenants.

Status Change Information

Major Change Timestamp: 2022-03-30T22:27:30Z Major Change Type: Status Change Status Change Timestamp: 2022-03-30 Purchase Contract Date: 2022-02-03 Close Date: 2022-03-30 Buyer Financing: Conventional Buyer's Lender Closing Costs: Yes Buyer's Lender Closing Costs Amount: 7500

Package Property 1

Address: 5111 48th st 1 Bedrooms Total: 3 Total Bathrooms: 2 Gross Rental Income: 1250 Individual Property Price: 130000 Occupied YN: N

Package Property 2

Address: 2411 21st 3 Bedrooms Total: 4 Total Bathrooms: 3 Gross Rental Income: 1700 Individual Property Price: 180000 Occupied YN: Y Remarks: Front unit 3/2 leased for $1300 / Back unit 1/1 leased for $400

Package Property 3

Address: 2118 16th st 4 Bedrooms Total: 3 Total Bathrooms: 1 Gross Rental Income: 1200 Individual Property Price: 140000 Occupied YN: N

Package Property 4

Address: 4520 48th st 2 Bedrooms Total: 3 Total Bathrooms: 2 Parking Spaces: 2 Gross Rental Income: 1300 Individual Property Price: 155000 Occupied YN: Y

Property Features

Listing Terms: Cash; Conventional
Listing Office: Brick & Loft Realty
Listing Agent: Travis Turner
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.

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