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$ 750,000
Est. payment | /mo
8 Beds
4 Baths
5,642 SqFt
$ 750,000
Est. payment | /mo
8 Beds
4 Baths
5,642 SqFt
Key Details
Property Type Multi-Family
Sub Type MULTIFAMILY
Listing Status Pending
Purchase Type For Sale
Square Footage 5,642 sqft
Price per Sqft $132
Subdivision Norwood Add
MLS Listing ID 135232
Bedrooms 8
Year Built 1970
Annual Tax Amount $4,551
Tax Year 2025
Lot Size 0.390 Acres
Lot Dimensions 125x139
Property Sub-Type MULTIFAMILY
Property Description
Excellent investment opportunity just two blocks from Oklahoma State University! This 6-unit apartment complex features six 2-bedroom, 1-bath units, each with a spacious open-concept living and kitchen area. All units were completely remodeled in 2018. Current gross rents total $5,700 per month/$68,400 annually. Tenants pay their own electric and gas; owner pays water, sewer and trash. A shared laundry facility has been added at the end of the building for tenant convenience. Property also includes the gravel area on the north side with pergola. Great opportunity to own an updated multifamily property in a highly desirable location near the OSU campus. All units are occupied and require 24-hour notice for showings. Detailed financials available upon request. Zoning is T5 - Transect 5
Location
State OK
County Payne
Area Southwest
Zoning Other
Interior
Heating Forced Air
Cooling Central
Exterior
Exterior Feature Brick Veneer
Parking Features Ground Level
Building
Story 2
Water City
Level or Stories 2
Schools
School District Will Rogers Elementary
Others
Ownership Xacuterra, LLC
Listed by Look Properties, LLC
Nearby Locations
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