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8 NW 24th St

Lawton, OK 73505
  • $1,028,500
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 161723
Under Contract
UPDATED: 56 min ago
$1,028,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

The potential to purchase fifteen brick and frame duplexes, consisting of 8 one bedroom, 1 one bath, and twenty-two 2 bedrooms, 1 bath units that are 100% occupied is achievable today. If you are serious investor seeking positive cash flow and a CAP rate of 10% on your investment look no further, this complete package. In addition to the duplexes there are two approx. 12x20 cinder block storage units that are included with this purchase. Details: Units 8/10 have central heat and air. Units 16/18 have window AC, but central heat. All other units have cold/heat window units in the main living area and some have AC window units in bedrooms. All units are totally electric and are all up to code on electrical and plumbing. New roofs on units 8/10, 12/14, 24/26, 32/34, 51/53,64/66. Units with roofs under 5 years old 16/18, 20/22, 52/54, 55/57, 59/61, 63/65. Roofs under ten years or slightly older 28/30, 36/38. Roof scheduled for replacement (within 30 days) 60/62. There are 15 separate tax records for this property. Seller needs a minimum of 48 hours to coordinate a showing of one 1 bedroom and one 2 bedrooms until it goes under contract then all units will be available for inspection. Call Chuck Webber at 580-678-1769 to coordinate a showing today.

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Listing information © 2022 Lawton Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pam & Barry's Team - RE/MAX Professionals. Data last updated 2022-08-15T16:33:53.51.
www.homefinderlawton.com/homes/130766661
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8 NW 24th St Lawton, OK 73505

  • Price: $1,028,500
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 56 min ago
  • MLS #: 161723
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Tomlinson
County:
Comanche
Area:
Tomlinson
Elementary School:
Adams
Middle School:
Central
High School:
Lawton
Property Description
The potential to purchase fifteen brick and frame duplexes, consisting of 8 one bedroom, 1 one bath, and twenty-two 2 bedrooms, 1 bath units that are 100% occupied is achievable today. If you are serious investor seeking positive cash flow and a CAP rate of 10% on your investment look no further, this complete package. In addition to the duplexes there are two approx. 12x20 cinder block storage units that are included with this purchase. Details: Units 8/10 have central heat and air. Units 16/18 have window AC, but central heat. All other units have cold/heat window units in the main living area and some have AC window units in bedrooms. All units are totally electric and are all up to code on electrical and plumbing. New roofs on units 8/10, 12/14, 24/26, 32/34, 51/53,64/66. Units with roofs under 5 years old 16/18, 20/22, 52/54, 55/57, 59/61, 63/65. Roofs under ten years or slightly older 28/30, 36/38. Roof scheduled for replacement (within 30 days) 60/62. There are 15 separate tax records for this property. Seller needs a minimum of 48 hours to coordinate a showing of one 1 bedroom and one 2 bedrooms until it goes under contract then all units will be available for inspection. Call Chuck Webber at 580-678-1769 to coordinate a showing today.
Exterior Features

1 Bedrm Num Of Car Garage 0 2 Bedrm Num Of Car Garage 0 Exterior Inclusions Fence Foundation Slab Lot Size Approx. 5900 Each Roof Composition Style 1 Story Type Duplex

Interior Features

1 Bedrm Num Of Baths 1 1 Bedrm Num Of Units 8 2 Bedrm Num Of Baths 1 2 Bedrm Num Of Units 22 Appliances RefrigeratorSingle OvenElectric Cooling CentralElectricWindow Unit Electricity City Floors Carpet PartialCeramic Tile Gas None Heating CentralElectricOther Interior Inclusions Ceiling Fans Safety Features Smoke/Heat Alarm

Property Features

Age Range 46+ Ann Insurance Prem Co N/A Annual Taxes 5500 Avg Annual Expenses 24400 Avg Monthly Utilities 4600 Documents On File Copy Of LeasesSecurity Deposit Exp Values Per Mo Yr Year Flood Insurance YN No Gross Expenses 79600 Gross Rental Income 176100 Income Values Per Mo Yr Year Net Income 96500 Paid By Owner ElectricityWaterSewer Possession At Closing Road Frontage City Street Sale Rent For Sale Sewer City Tax Year 2021 Terms Of Sale ConventionalCash Utilities Mstr Meter (Electric)Mstr Meter (Water) Zoning R-4 High Den Apt

Listing provided courtesy of Re/Max Professionals (Bo). Listing information © 2022 Lawton Multiple Listing Service.
Listing information © 2022 Lawton Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pam & Barry's Team - RE/MAX Professionals. Data last updated 2022-08-15T16:33:53.51.
 
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Pam & Barry's Team - RE/MAX Professionals
3908 NW Elm Ave
Lawton OK, 73505