1104 N ENGLEWOOD AVE
LUBBOCK, TX 79416
$349,000
6 Beds
4 Baths
2,890 Sq Ft
Status Active
MLS# 202408754
Spacious Duplex with Owner Financing - Tenants in Place for Immediate Cash Flow! Description: Discover a prime investment opportunity with this spacious duplex located at 1104 N Englewood Ave #1 in Lubbock, TX. With owner financing available, this property offers a seamless purchasing process without the need for banks. Property Features: Unit A: 3 bed, 2 bath, 1,445 sq. ft., leased until 4/30/2025 at $1,500/month Unit B: 3 bed, 2 bath, 1,445 sq. ft., leased until 11/30/2024 at $1,450/month Garages and Fenced-In Yards: Each unit includes its own garage and a fenced-in yard, providing privacy and additional storage. Total Purchase Price: $349,000 Down Payment: $67,215 Owner Financing: Wraparound loan with a 4.375% rate, maximum loan balance $275,000 Monthly Payment: $2,093 (PITI) With tenants already in place, this duplex offers immediate cash flow from day one. Combine modern living with the financial flexibility of owner financing.
Details for 1104 N ENGLEWOOD AVE
Built in 2021
$121 / Sq Ft
2 parking spaces
Central Electric
Central Gas
9 Days on website
0.1687 acres lot
Area Information for 1104 N ENGLEWOOD AVE
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