$ 850,000
-
$850,000
Price -
0
Bed -
0
Bath -
9,438
SqFt
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About the Listing SRGR01 - 200060
This solid brick 12-unit apartment community offers a strong blend of stable cash flow and value-add upside in the Historic Capitol Hill District of Oklahoma City. The property consists of three separate buildings, each with four units, and features a desirable unit mix of twelve 1-bedroom, 1-bath units, each with charming mock fireplaces. Roof was replaced 2017 and newer windows in most units. The property is currently 100% occupied, with some tenants receiving City's rental assistance, providing immediate and reliable income. Some units have under market rent which gives rooms for potential higher cash flow in the future. A storage building at the rear of the property offers additional upside and could be converted into a laundry facility for extra revenue. With strong rental demand in the area and further potential through continued improvements, this is an excellent opportunity for an investor seeking steady cash flow today with room to grow returns tomorrow. Disclosure: The listing agent has equitable interest in the property.
Listing Highlights
Status
Active
Days on Site
23
Property Type
Multi-Family
MLS ®
1216388
Year Built
1929
Total Square Footage
9,438
Lot/Acreage
0.48
County
Oklahoma
School District
Oklahoma City
Elementary School
Lee ES
Middle School
Capitol Hill MS
High School
Capitol Hill High School
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Interior Lot
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $7,563
- Taxes w/Assessments: N/A
- Tax/Property ID: 521SW24th73109
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
521 SW 24th St Oklahoma City, OK 73109
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