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About the Listing COLP01 - 208012
CASH-FLOWING ALTUS INVESTMENT PROPERTY | 4 RENTAL UNITS | INCOME PRODUCING NOW Investors—don’t miss this income-producing opportunity at 502 W. Broadway in Altus, Oklahoma! This unique property features four rentable units: three apartments plus a detached single-family residence, providing multiple income streams from one property. The three apartments have been recently renovated and are currently tenant-occupied, generating approximately $1,500/month in rental income ($500 per unit) and providing immediate cash flow. The main residence offers additional upside and could potentially rent for approximately $1,000/month, bringing the property’s potential gross rental income to approximately $2,500/month or $30,000 annually. The property includes one attached 1-bedroom, 1-bath apartment and two detached apartments, offering diversified rental income and flexibility for investors. The main house could be rented, owner-occupied, or utilized as an additional value-add opportunity. Conveniently located near downtown Altus, shopping, dining, and amenities, with proximity to Altus Air Force Base, this property offers an attractive combination of existing cash flow, recent renovations, and additional income potential. A great opportunity to add a renovated, income-producing property to your portfolio. Schedule your showing today!
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Elec
- Heating: Gas
- Fireplaces: 1, Gas Log
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: 0
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $1,464
- Taxes w/Assessments: N/A
- Tax/Property ID: 502WBroadway73521
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
502 W Broadway St Altus, OK 73521
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