Very nice duplex in Northwest Lubbock. Zoned for multifamily-you can have more than 2 unrelated roommates in this area. Great for students and people wanting their own bathroom. These units are 3 bed/3 bath/2 car garage. This property brings in $2,100 gross rent per month and is currently 50% occupied. It sits on a cul-de-sac lot. At 30% expenses, this would indicate a 9.5% Cap rate. Good ROI in great area! Great family-friendly residential area, safe neighborhood, and next to a beautiful park. Easy access to Texas Tech; no need to drive down an alley, you will have the first garage on the right (or north) side of Colgate Street. Great investment. Owner/Landlord currently charges renters $1,050 per month for each unit, in addition to a $300 deposit. All appliances are in working condition and have been and include: washer and dryer hookups, two refrigerators, two ranges, two dish washers, recent maintenance performed on roof and one A/C unit replaced. In addition, continuous updates have been performed to ensure optimal performance and efficiency. All appliances are in working condition Periodical updates have been performed to ensure optimal performance and efficiency on both duplex units. Recent maintenance performed on roof and one A/C unit has recently been replaced. Facebook Marketplace Link: https://www.facebook.com/marketplace/item/475222346404647/
Off market
$282,300
301 N Brentwood Ave, Lubbock, TX 79416
6beds
2,740sqft
MultiFamily
Built in 2003
-- sqft lot
$282,300 Zestimate®
$103/sqft
$1,022 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Concrete
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,740 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
Features
- Exterior features: Brick
- Has view: Yes
- View description: Park, City
Lot
- Size: 8,020 sqft
Details
- Parcel number: R171463
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Foundation: Slab
- Roof: Other
Condition
- Year built: 2003
Community & neighborhood
Location
- Region: Lubbock