Listed by Reside Real Estate Co.
$320,000
2324 2328 62nd St. Seller Finance
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,356
Net Rentable (SqFt) 3,356
Units 4
Cap Rate 8.12%
NOI $25,985
Occupancy 100%
Price per SqFt $95
Class C
Year Built 1962
Year Renovated 2024
Buildings 2
Stories 1
Zoning Residential
Investment Type Stabilized
Occupancy Date 02/24/2025
Ground Lease No
Ownership J Allen Realty Group
Multifamily | 4 Units | $80,000/unit
Marketing description
2 Bed 1 bath Fully Updated Duplexes across street from New YWCA community center and 1-2 miles from Texas Tech. Seller willing to finance with only $50,000 down payment.
Investment highlights
2 bed 1 bath each unit renting for $750 per month. $1500 per duplex
Listing Contacts
Listed by Reside Real Estate Co.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,985.00
$2,165.42/mo
Valuation Metrics
0
DSCR
8.12%
Cap Rate
8.12%
ROI
Map
Zoning
MDR ResidentialTwo FamilyMedium Density Residential
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View all 110 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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