$648,000
Excellent investment opportunity in Ardmore! This fully occupied 6-unit multi-family property offers approximately 5,400 SF of rentable space with an 8.5% cap rate. Tenants pay electric; owner pays water and trash. Low expenses with strong cash flow and stable tenant base. Conveniently located near downtown Ardmore with easy access to… Read More amenities. Onsite parking lot included. Full value-add potential allows for future rent growth and increased returns. A great starter investment with upside. Read Less
Courtesy of Paragon Oklahoma.
Listing Snapshot
Days Online
54
Last Updated
Property Type
Multi Family
Square Ft.
2,727
Lot Size
0.38 Acres
Year Built
1975
MLS Number
2525617
30 Days Snapshot Of 73401
$232k
-16%
(avg) sold price
32
-20%
homes sold
67
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Frontage length: 209
Building
Levels: Two, 2,727 sqft living area, Built in 1975, 2,727 total building sqft
Cooling
Has cooling, Central Air
Exterior Features
Frame, Lighting, Other
Fence
Other
Floors
Laminate, Vinyl
Foundation
Slab
Heating
Has heating, Central, Electric
Income
Net operating income: 56,525
Interior Features
High Speed Internet, Ceiling Fan(s)
Lot
SquareFeet: 16,335, Acres: 0.375, Area: 0.375
Parking
Two or More Spaces
Property
Property type: Commercial Sale, Possible use: Other, Zoning description: C1
Roof
Other
Sewer
Type: Public Sewer
Taxes
Year: 2024
Utilities
Public, Cable Available, Electricity Available, High Speed Internet Available, Water Available
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Information herein is deemed reliable but not guaranteed and 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.
Source: MLS Tech MLS
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