Oklahoma City OK Multi Family for Sale
Open House:
Sunday, 11/17 2:00-4:00PM
- Type:
- Fourplex
- Sq.Ft.:
- 3,182
- Status:
- NEW LISTING
- Beds:
- 10
- Year built:
- 1925
- Baths:
- 4.00
- MLS#:
- 1143196
- Subdivision:
- College Hill Add
ADDITIONAL INFORMATION
Have you been searching for a one of a kind investment opportunity? Look no further than this! Welcome to the heart of Capitol Hill and an amazing opportunity to invest in this up and coming market. On this property, you will find 4 units, 3 dwellings, making it perfect for someone looking to buy and house hack and live in 1 dwelling and rent the other 3 units out, or rent out all 4! Property is split up between two single family homes with 3 beds 1 bath each, and an upstairs/downstairs duplex, each with 2 bedrooms and 1 bathroom. There is some additional parking in front of the downstairs duplex. Each unit boasts a new sewer line, tankless hot water tank, new electrical meters, high end finishes, and more! Note there is only one water meter for all 4 units, all other utilities are separate. Home qualifies for Sec 8 housing, for more info on that feel free to reach out. Square footage of each unit as follows: 600 (1056), 2405A (616), 2405B (616), 2409 (894). All major functions have been newly replaced, keeping your capex expenses low. Rent presented is based of Sec 8 rent projections. Please be sure your agent looks at realtor remarks to better explain financing process. Reach out today to add an income producing property to your portfolio immediately!
- Type:
- Apartment
- Sq.Ft.:
- 4,800
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.2 Acres
- Year built:
- 1965
- Baths:
- 10.00
- MLS#:
- 1136065
- Subdivision:
- Markland Heights Add
ADDITIONAL INFORMATION
Incredible value add apartment opportunity less than a mile away from South Scissortail Park! Situated just south of downtown, and in the corridor of revitalization, each of the 10 units has 1 bed/1 bath and has been updated with new paint, new LVP flooring, and new stainless steel appliances. Currently, the apartment is 50% occupied at $550-$575 plus $75 utility fee. Proformas show there is room to increase rent anywhere from $650-725 a unit plus $75 utility fee. There is tons of value to be made through lease up and remodeling the bathrooms. This is an investor special and will be sold as-is. Book your walkthrough today!
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Oklahoma City Real Estate
The median home value in Oklahoma City, OK is $187,700. This is lower than the county median home value of $193,400. The national median home value is $338,100. The average price of homes sold in Oklahoma City, OK is $187,700. Approximately 54% of Oklahoma City homes are owned, compared to 36.04% rented, while 9.97% are vacant. Oklahoma City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oklahoma City real estate agent to arrange a tour today!
Oklahoma City, Oklahoma 73109 has a population of 673,183. Oklahoma City 73109 is less family-centric than the surrounding county with 30.08% of the households containing married families with children. The county average for households married with children is 30.67%.
The median household income in Oklahoma City, Oklahoma 73109 is $59,679. The median household income for the surrounding county is $58,239 compared to the national median of $69,021. The median age of people living in Oklahoma City 73109 is 34.9 years.
Oklahoma City Weather
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 35.6 inches per year, with 5.8 inches of snow per year.