For Sale
$365,000
1101 Englewood Ave Lubbock, TX 79416
Modern Duplex, High Occupancy, Great ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Newly built (2021) duplex in desirable Lubbock location.
- 100% occupied, generating a strong 8.00% cap rate (9.21% pro-forma).
- Each of the two units features 1,450 sq ft, 3 bedrooms, 2 baths, 2-car garage, covered patio, and backyard.
- Sits on a 7,607 sq ft lot, offering excellent curb appeal and rental potential.
- High-quality finishes throughout, including vinyl plank flooring, granite countertops, and stainless steel appliances. Suitable for long-term ownership, 1031 exchanges, or house hacking.
Property Details for 1101 Englewood Ave
- Property type
- Small apartment buildings
- Square Feet
- 2,890 SF
- Class
- A
- Year Built
- 2021
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Lubbock
- County
- Lubbock
- State
- Texas
- Latitude
- 33.6115896
- Longitude
- -101.9357599
Nearby Similar for Sale
FAQs
- What type of property is this?
- Small apartment building - Modern Duplex, High Occupancy, Great ROI
- Where is the small apartment building located?
- The property is located at 1101 Englewood Ave Lubbock, TX.
- What is the asking price?
- The asking price for this property is $365,000.
- What are key features of this property?
- This property features: Newly built (2021) duplex in desirable Lubbock location.; 100% occupied, generating a strong 8.00% cap rate (9.21% pro-forma).; Each of the two units features 1,450 sq ft, 3 bedrooms, 2 baths, 2-car garage, covered patio, and backyard.
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