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    537 42nd Street

    Lubbock, TX 79404
    • $875,000
    • STATUS: Active
    • ON SITE: 182 days
    • MLS #: 202002719
    UPDATED: 235 min ago
    $875,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,392
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    205
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:
    2

    School Ratings & Info

    Description

    9 Duplexes, 18 total units. Excellent opportunity to add 18 units to your real estate portfolio. This offering includes 9 buildings consisting of 18 individual units. All 18 units are lined up next to each other for easy management and a way to have many units in close proximity to save on maintenance costs. All 18 units are 2 bedroom 1 bath homes that all have a separate living area and fully functioning kitchen. Each building has a ample on street and off street parking that includes a carport for each dwelling. There have been many updates to these units. 4 of the units have been completely renovated or are currently being renovated. 2 of the buildings have new roofs with all other roofs were replaced in approximately 2015. Other updates include: several new plumbing clean-outs installed for ease and cost effective maintenance to systems, flooring, paint, appliances, tile, and some windows. A new 450 foot highly durable fence was installed in March of 2020. 100% leased.

    Monthly Payment Calculator

    © 2020 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-23T23:58:43.43.
    www.resideinlubbock.com/homes/104511552
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    537 42nd Street Lubbock, TX 79404

    • Price: $875,000
    • Status: Active
    • Updated: 235 min ago
    • MLS #: 202002719
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    13,392
    SQFT
    $65
    $/SQFT
    1954
    Built
    Neighborhood:
    205
    County:
    Lubbock
    Area:
    2
    Property Description
    9 Duplexes, 18 total units. Excellent opportunity to add 18 units to your real estate portfolio. This offering includes 9 buildings consisting of 18 individual units. All 18 units are lined up next to each other for easy management and a way to have many units in close proximity to save on maintenance costs. All 18 units are 2 bedroom 1 bath homes that all have a separate living area and fully functioning kitchen. Each building has a ample on street and off street parking that includes a carport for each dwelling. There have been many updates to these units. 4 of the units have been completely renovated or are currently being renovated. 2 of the buildings have new roofs with all other roofs were replaced in approximately 2015. Other updates include: several new plumbing clean-outs installed for ease and cost effective maintenance to systems, flooring, paint, appliances, tile, and some windows. A new 450 foot highly durable fence was installed in March of 2020. 100% leased.
    Exterior Features

    Exterior BrickWood Foundation Slab Roof Composition Streets Paved Type Or Style 1 Story Unit1 Parking 0 Unit2 Parking 0 Unit3 Parking 0 Unit4 Parking 0

    Interior Features

    Cooling Window/Evaporative Heating Other Unit1 Baths 0.00 Unit1 Bedrooms 0 Unit1 Features Electric Range/OvenRefrigerator Unit2 Baths 0.00 Unit2 Bedrooms 0 Unit3 Baths 0.00 Unit3 Bedrooms 0 Unit4 Baths 0.00 Unit4 Bedrooms 0 Unit5 Baths 0.00 Unit5 Bedrooms 0 Unit6 Baths 0.00 Unit6 Bedrooms 0 Unit7 Baths 0.00 Unit7 Bedrooms 0 Unit8 Baths 0.00 Unit8 Bedrooms 0

    Property Features

    Est Annual Taxes 9007 Gross Income 104427.00 HOA No Lot Size Source (Tax Data) Multifamily Type Garden/Low-Rise Proposed Financing CashConventionalFha Sq Ft Source Seller Unit1 Income 0.00 Unit2 Income 0.00 Unit3 Income 0.00 Unit4 Income 0.00 Unit5 Income 0.00 Unit6 Income 0.00 Unit7 Income 0.00 Unit8 Income 0.00

    Listing provided courtesy of Scott Toman of Re/Max Lubbock. Listing information © 2020 Lubbock Association of REALTORS® MLS.
    © 2020 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-23T23:58:43.43.
     
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    10210 Quaker ave
    Lubbock TX, 79424