427 SE 17TH ST
OKLAHOMA CITY, OK 73129
$195,000
3 Beds
3 Baths
1,275 Sq Ft
Status Active
MLS# 1108208
Full duplex for sale live on one side for only 5% down payment! 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. Zoned R4 so up to 4 units can be built, and there is a huge backyard. 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. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. 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. $300 deposit unit A and $400 deposit for unit B. 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. No Showings until after an offer is accepted. Please do not disturb the tenants.
Details for 427 SE 17TH ST
Built in 1983
$153 / Sq Ft
0 parking spaces
Window Unit(s)
Other
59 Days on website
0.241 acres lot