402 NW 3rd ST Active Save Request In-Person Tour Request Virtual Tour
Lawton,OK 73507
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,974 sqft
Price per Sqft $136
MLS Listing ID OKC1176092
Style Traditional
Bedrooms 12
Full Baths 9
Year Built 1941
Annual Tax Amount $727
Lot Size 7,500 Sqft
Property Sub-Type More Than 4 Units
Property Description
Multifamily investment generating $2,950/month in current rental income, with 9 total units across two parcels at 402 and 408 NW 3rd St in Lawton. Unit 402 N/S and 404 N are tenant-occupied studios. 404 S is rent-ready. Units 406 N/S are fire-damaged studios. 408 and 412 are occupied 2 bed, 1 bath units. 410 is a vacant 2 bed, 1 bath unit needing renovation. With four units currently offline, this property offers a clear value-add opportunity to significantly increase cash flow through renovation and lease-up, unlocking upside potential and driving gross rents well beyond current level. Property sold as-is. Do not disturb tenants. Full investor packet available upon request. Please do no disturb tenants.
Location
State OK
County Comanche
Exterior
Roof Type Mansard
Building
Lot Description Corner Lot,Interior Lot,Other
Story 1
Foundation Slab
Structure Type Frame,Stucco
Schools
Elementary Schools Lincoln Es
Middle Schools Central Ms
High Schools Lawton Hs
School District Lawton
Others
Acceptable Financing As is Condition,Cash,Conventional
Listing Terms As is Condition,Cash,Conventional