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Listed by Brian Rush • Bailee & Co. Real Estate
$ 1,100,000
Est. payment | /mo
15 Beds
13 Baths
7,188 SqFt
$ 1,100,000
Est. payment | /mo
15 Beds
13 Baths
7,188 SqFt
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 7,188 sqft
Price per Sqft $153
MLS Listing ID OKC1214304
Style Tudor,Traditional
Bedrooms 15
Full Baths 13
Construction Status Brick & Frame
Year Built 1927
Annual Tax Amount $8,583
Lot Size 0.330 Acres
Property Sub-Type More Than 4 Units
Property Description
Incredible opportunity to purchase an occupied and stabilized, 13 unit (13th unit renovation needs to be completed) multi-family property in the heart of Lincoln Terrace Just minutes from the Medical District and State Capitol. 12 units have been tastefully remodeled/updated (approx 250k spent over the last 7 years) and are ready for turn-key operation. There are so many updates it's hard to list them all: Updated plumbing in 98% of the building, Most electrical panels updated, New Windows in 80% of building, New insulation in attic, New fencing around property, All AC's except for 2 have been updated, front porches updated with new concrete and fence, New hot water tanks and Remodeled laundry room. The laundry room is an additional income stream to the property. The complex consists of ten 1 bed/1 bath units and two 2 bed/1 bath units. This complex has been nicely modernized while leaving many original features that accentuate its historic charm. Don't miss your chance to add this turn key, income producing property to your portfolio! FINANCIALS AND RENT ROLL AVAILABLE in the supplements. This is a wonderful opportunity, move quickly!
Location
State OK
County Oklahoma
Interior
Fireplace N
Exterior
Roof Type Composition
Building
Lot Description Interior Lot
Story 2
Foundation Combination
Architectural Style Tudor, Traditional
Level or Stories Two
Structure Type Brick & Frame
Construction Status Brick & Frame
Schools
Elementary Schools Wilson Es
Middle Schools Moon Ms
High Schools Douglass Hs
School District Oklahoma City
