2004 built, 2x6 exterior construction cash flowing machine. 9% cap rate. NO HOA. Three units with full size Washer Dryer Hookups. All Electric utilities. Private Parking. Huge demand in the area. Units were fully renovated in 2019; updates to include new paint, door hardware, ceiling fans, granite countertops new sinks, fixtures and exterior doors. Units A nd C are 3 bedroom 2 bathrooms and Unit B is 2 bedroom 1 bathroom. Currently landlord pays water bill which includes sewer and trash and tenants are responsible for Electricity. Landlords only other expenses are Lawncare, taxes, maintenance and insurance. Lot behind is being sold with the building equaling .32 acres total. Agent is Owner.
MLS# | 14487675 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2004 |
Days On Site | 39 |
SQ Feet | 2,700 |
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Units | 3 |
Building(s) | 1 |
Area Information | |
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State | OK |
County | State of Oklahoma |
City | Madill |
Zip Code | 73446 |
Area | OKLAHOMA (900) |
Listing VS Median (in 73446) | |
Price: $279,000 low | high Med: $279,000 SqFt: 2,700 low | high Med: 2,700 $ / SqFt: $103 low | high Med: $103 On Site: 39 low | high Med: 39 |