$189,900 $1,139 est/mo Sourced by Back At You

427 SE 17th Street,Oklahoma City, OK 73129

Oklahoma City OK, 73129

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Description

This versatile property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently functioning as a duplex, this property has the potential to be converted into a triplex, maximizing its rental potential. Located just south of downtown, it boasts a prime location just minutes away from Scissortail Park, offering tenants convenient access to urban amenities and recreational opportunities. The property features a total of 3 bedrooms and 3 baths, with one unit already upgraded with new paint and other enhancements making it a turnkey rental opportunity for the savvy investor. Zoned R4 so up to 4 units can be built, and there is a huge backyard. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. $300 deposit unit A and $400 deposit for unit B. Both tenants would like to stay. Rental rate is currently under market value and should be around $800-850 for the 2 bedroom 2 bath, and $700 for the 1 bed 1 bathroom. Hot water heaters are 2016 and 2017. Foundation repair by Trition Foundation. Plumbing updates, sewer line repair, new toilet, electrical upgrades, dry wall repairs, brand new refrigerator in one of the units. Window units are 1 year old. Whether you're looking to expand your rental income or start your real estate investment journey, this property offers a solid foundation for success. Showings allowed Tuesdays and Thursdays for Unit B. Please do not disturb the tenants. Schedule your showing today!

Details

MLS#1106767
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1983
Days On Site81
Listing Provided ByWhittington Realty | Victory Reneau Razavi

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,275
Story(s)1

Market Activity 73129

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Learn More About This Property

StateOK
CountyOklahoma
CityOklahoma City
Zip Code73129
School DistrictOklahoma
School DistrictOklahoma City
Elementary SchoolCesar Chavez ES
Middle SchoolCapitol Hill MS
High SchoolCapitol Hill HS
Listing VS Median (in 73129)
Price:
$189,900
low | high
Med:
$159,000
66.271721958926% of Average
SqFt:
1,275
low | high
Med:
1,110
62.941176470588% of Average
$ / SqFt:
$149
low | high
Med:
$143
53.825626574442% of Average
On Site:
81
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: June 18, 2024 at 2:59:26 PM PDT