2116 15th Street
2116 15th Street
$395,000
1
1
5,600
5,600
$71
Sold 3/31/21
Description
The subject property is a portfolio of 12 units in a prime student area with walkability to Texas Tech. The property is being sold by the lender as previous owner mismanaged. Price per unit is below market discount price of $32,916. Projected rental income per unit is $450-495 per month. Value add opportunity. High demand area with university and city wide growth projected for next 5-10 years.The subject property is a portfolio of 12 units in a prime student area with walkability to Texas Tech. The property is being sold by the lender as previous owner mismanaged. Price per unit is below market discount price of $32,916. Projected rental income per unit is $450-495 per month. Value add opportunity. High demand area with university and city wide growth projected for next 5-10 years.
- Listed by Josh E Allen • TREC #0525402 • Keller Williams Realty
- Listed by Casey Klingensmith • TREC #0633729 • Keller Williams Realty
Amenities
- Air Conditioning
Location
LISTING UPDATED: 04/01/2021 09:50 AM
Property Details for 2116 15th Street
Status | Sold |
---|---|
MLS # | 202100436 |
Days on Market | 78 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Garden/Low-Rise |
Year Built | 1928 |
Lot Size | 0.20 AC / 8,606 SF |
County | Lubbock County |
Location
Building Information for 2116 15th Street
Stories-Residences-Year Built1928Building Size-Lot Size0.20 AC / 8,606 SF
Payment Calculator
$2,621 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2116 15th Street
Property History for 2116 15th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2116 15th Street
Taxable ValueLand$2,700Additions$297,300Total$300,000
Tax Record2023$5,576 ($465 / month)
Home Facts
Total Finished SqFt4,688 SqFtAbove Grade Finished SqFt4,688 SqFtLot Size8,606 SqFtStyleMulti-Family Res (5+ Units)Year Built1928Year Renovated1990Zoning0038CountyLUBBOCKAPNR41018Fireplace TypeHas Fireplace
Schools near 2116 15th Street
This home is within Lubbock Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ramirez Charter School PublicPK to 5 | ||
Hutchinson Middle School Public6 to 8 | ||
Lubbock High School Public9 to 12 | ||
Matthews Lrn Ctr/New Directions Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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