3524 NW 51st St

Oklahoma City, OK 73112
  • $675,000

    Price
  • 2

    Bed
  • 1.5

    Bath
  • 6,930

    SqFt

About the Listing EXPE02 - MALRIYALAT

Incredible Investment Opportunity—7 Hampton House Condos Offered Together for $675,000! Expand your portfolio with seven well-maintained condos, each offering 2 bedrooms, 1.5 bathrooms, and an open living and kitchen layout. Current scheduled rental income totals $8,000 monthly, or $96,000 annually. Estimated annual net operating income is $63,513, reflecting an approximately 9.41% cap rate at the asking price. HOA dues of $335 per unit monthly include gas, water, trash removal, lawn care, landscaping, exterior building maintenance, and roof maintenance and repairs. The HOA also maintains and repairs plumbing inside walls and underground, sewer lines, water lines, gas lines, and hot water tanks. Hot water tanks and heating systems are gas-powered. Association insurance covers building exteriors and common areas; it does not cover tenants’ personal belongings or unit interior contents. Tenants pay electricity and are responsible for interior upkeep as outlined in their leases, excluding HOA-covered items. Renters insurance is strongly encouraged. Community amenities include a swimming pool, on-site laundry facility, and reserved parking. Conveniently located near I-44, NW Expressway, medical centers, shopping, dining, and parks. Package includes 3524 NW 51st St, Units 3 and 7; 3532 NW 51st St, Units 201 and 204; and 3536 NW 51st St, Units 303, 306, and 307. Total package price: $675,000.

Listing Highlights for 3524 NW 51st St

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 1252640
Year Built 1976
Total Square Footage 6,930
County Oklahoma
HOA Dues 4020
School District Oklahoma City
Elementary School Monroe ES
Middle School John Marshall MS

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond: Electric
  • Heating: Natural Gas
  • Fireplaces: 1, Masonry
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Interior Lot
  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $647
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3524NW51st73112
  • Tax Year: N/A

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3524 NW 51st St Oklahoma City, OK 73112

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