1104 Englewood Avenue

Lubbock, TX 79416

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.

This is an Active listing.

Broker Office Phone Number: 806-773-4092

Copyright © 2024Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.