0 Package Property, Lubbock, TX
$445,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$445,000
List Date:
7/17/2023
Last Modified:
1/31/2025
Description
Solid Investment Properties in the Overton Area! Consistent Rental History...Two Triplexes, One Duplex...Eight Doors; ALL Occupied! 1613 Ave Y has Three Units, A is a One Bedroom, One Bath, B is a Two Bedroom, One Bath...Both Occupied with Hardwood Floors, Nice Updates & Central Heat and Air; Unit C is a Backhouse with Fresh Paint, New Carpet, One Car Garage that is Excellent for Storage; New Roof 2018; 2022 18th has Three Units, all Occupied, Each One Bedroom, One Bath- Unit C is Above the Garage/Storage Area- New Roof 2018; Third Property in the Package is 2207 18th, Two Units, Each One Bedroom, One Bath; Unit B One Year Lease...New Flooring, Fresh Paint, Granite Countertops; All Professionally Managed by Location Rentals; Great Addition to Your Rental Portfolio!
Supplements: ********
More Information MLS# 202309459
Contract Information
Current Price: $445,000
Original List Price: 445000
List Price: $445,000
Status: Closed
Listing Contract Date: 2023-07-17
Property Sub Type: Package Property
Total Number of Properties: 8
Location Tax and Legal
Street Name: Package Property
County: Lubbock
State: TX
Zone: 1
General Property Information
Historical Package Units: Package Comments: 2 Triplex/1 Duplex
Basement YN: No
Remarks and Miscellaneous
Public Remarks: Solid Investment Properties in the Overton Area! Consistent Rental History...Two Triplexes, One Duplex...Eight Doors; ALL Occupied! 1613 Ave Y has Three Units, A is a One Bedroom, One Bath, B is a Two Bedroom, One Bath...Both Occupied with Hardwood Floors, Nice Updates & Central Heat and Air; Unit C is a Backhouse with Fresh Paint, New Carpet, One Car Garage that is Excellent for Storage; New Roof 2018; 2022 18th has Three Units, all Occupied, Each One Bedroom, One Bath- Unit C is Above the Garage/Storage Area- New Roof 2018; Third Property in the Package is 2207 18th, Two Units, Each One Bedroom, One Bath; Unit B One Year Lease...New Flooring, Fresh Paint, Granite Countertops; All Professionally Managed by Location Rentals; Great Addition to Your Rental Portfolio!
Status Change Information
Major Change Timestamp: 2023-09-14T22:27:46Z
Major Change Type: Status Change
Status Change Timestamp: 2023-09-14
Purchase Contract Date: 2023-08-10
Close Date: 2023-09-14
Buyer Financing: Conventional
Buyer's Lender Closing Costs: Yes
Buyer's Lender Closing Costs Amount: 8900
Package Property 1
Address: 1613 Avenue Y C
Bedrooms Total: 1
Total Bathrooms: 1
Parking Spaces: 1
Gross Rental Income: 595
Individual Property Price: 595
Occupied YN: Y
Remarks: New Carpet, fresh paint, new light fixtures; Window unit cooling; Wall heater; One car attached garage, excellent for storage; 620 sq ft;
Package Property 2
Address: 1613 Avenue Y A
Bedrooms Total: 1
Total Bathrooms: 1
Gross Rental Income: 550
Individual Property Price: 550
Occupied YN: Y
Remarks: Lease expires 04/30/24; Hardwood floors; Appliances stay with unit; Central Heat & Air; All electric; 600 sq ft;
Package Property 3
Address: 2202 18th St B
Bedrooms Total: 1
Total Bathrooms: 1
Gross Rental Income: 525
Individual Property Price: 525
Occupied YN: Y
Remarks: Leased @ $525, expires 07/25/23; New lease, same tenant, @ $525, 08/01/23-07/20/24.Water heater 2019; Window unit for cooling; wall for heat; small detached storage unit included. 752 sq ft; Decorative fireplace.
Package Property 4
Address: 2207 18th St B
Bedrooms Total: 1
Total Bathrooms: 1
Gross Rental Income: 670
Individual Property Price: 670
Occupied YN: Y
Remarks: New Tenant Moves in 7/16/23 with one year lease; Nicely updated unit...new flooring, fresh paint, new front door, granite countertops; Large shared backyard; Window unit for heating/cooling + additional wall heater; Refrigerator included.
MLS#202300217; 675 sq ft.
Package Property 5
Address: 2207 18th St A
Bedrooms Total: 1
Total Bathrooms: 1
Gross Rental Income: 355
Individual Property Price: 355
Occupied YN: Y
Remarks: Long term tenant; rented under market value. No lease in place. 674 sq ft;
Package Property 6
Address: 1613 Avenue Y B
Bedrooms Total: 2
Total Bathrooms: 1
Gross Rental Income: 795
Individual Property Price: 795
Occupied YN: Y
Remarks: Nice space with hardwood floors; One bedroom plus loft area that can serve as second bedroom; One bath; All electric; Washer/Dryer connections; Lease thru 05/31/24. 943 sq ft
Package Property 7
Address: 2202 18th St A
Bedrooms Total: 1
Total Bathrooms: 1
Parking Spaces: 1
Gross Rental Income: 690
Individual Property Price: 690
Occupied YN: Y
Remarks: 752 sq ft
Package Property 8
Address: 2202 18th St C
Bedrooms Total: 1
Total Bathrooms: 1
Parking Spaces: 1
Gross Rental Income: 525
Individual Property Price: 525
Occupied YN: Y
Remarks: Really cute unit...tenant is renewing lease; Located above garage; Window unit for cooling; wall unit for heat; Current lease @ $500 expires 07/25/23; Now lease, same tenant, 08/01/23-07/25/24 @ $525.00;Note: This unit is also referred to as 1708 Ave V but LCAD has it as C unit of 2202 18th; 480 sq ft.
Listing Office: WestMark Companies
Listing Agent: Joy Daniel
Last Updated: January - 31 - 2025
Information deemed reliable but not guaranteed.