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About This Home
This 6-bedroom, 4-bathroom residential multi family at 3114 111th Street in Lubbock, TX is listed for $339,900 ($128 per sqft). Built in 2005, the home offers 2,663 sqft of living space on a 0.35 acres lot.
Duplexes are a jewel in an investor's portfolio. Buyers can utilize residential loans to get multi-family cash flow. This duplex is fully leased! With a location in South Lubbock and the prestigious Lubbock Cooper ISD, this professionally managed duplex stays in high rental demand.
A smart buyer could keep the current managers in place and make this a plug and play cash cow. Both units are 3 bedroom and 2 bathroom and each has a full 2 car garage, so you get two full homes under one easy contract. On top of a premier location, these units are low maintenance with Luxury Vinyl Plank flooring in the main areas of the home. If you're looking for a slam dunk real estate investment, don't miss this rare South Lubbock Duplex with an affordable price tag.
Key Features
- Built in 2005
- 0.35 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,818/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3114 111th Street
Lubbock, TX 79423
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 3114 111th Street is listed at $339,900 ($128/sqft). The estimated monthly payment is $1,473 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.35 acre lot, Fireplace. Interior Features: Breakfast Bar, Ceiling Fan(s), Pantry.
This property is listed by Jim Archer and can be reached at 8067864407 or jim@steadfast-realty.com.