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About This Home
This 5-bedroom, 3-bathroom residential multi family at 7402 Avenue W in Lubbock, TX is listed for $158,000 ($68 per sqft). Built in 1978, the home offers 2,313 sqft of living space on a 0.16 acres lot.
7402 Ave W Turnkey, fully rented duplex exceeding the 1% rule, excellent cash flow. Unit A offers 2 bedrooms and 1 bath, currently leased at $800/month. Unit B offers 3 bedrooms and 2 baths, rented for $950/month, for a total of $1,750 per month. This solid investment property is fully occupied and cash-flowing from day one, making it ideal for both new and seasoned investors.
Centrally located in Lubbock with quick access to University Ave and South Loop 289, and just minutes from Texas Tech University and UMC. The property is professionally managed, offering stable operations and a smooth transition for the next owner. This property can be purchased as a package with 7404 Ave W located next door.
Key Features
- Built in 1978
- 0.16 acre lot
Property Details
Amenities
Monthly Cost Estimate
$845/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7402 Avenue W
Lubbock, TX 79423
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 7402 Avenue W is listed at $158,000 ($68/sqft). The estimated monthly payment is $685 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.16 acre lot. Interior Features: Ceiling Fan(s).
This property is listed by Jeremias Torres and can be reached at 8062040492 or jt79245@gmail.com.