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Listed by Victory Reneau Razavi • Whittington Realty

$ 164,900

Est. payment -/mo

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Active

427 SE 17th ST Oklahoma City, OK 73129

3 Beds

3 Baths

1,326 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,326 sqft

Price per Sqft $124

MLS Listing ID OKC1143347

Style Bungalow

Bedrooms 3

Full Baths 3

Construction Status Brick & Frame

Year Built 1983

Annual Tax Amount $2,128

Lot Size 10,498 Sqft

Property Sub-Type Duplex

Property Description

Full duplex for sale!! 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. 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. Zoned R4 so up to 4 units can be built, and there is a huge backyard. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. $300 deposit unit A and $400 deposit for unit B. 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. 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. Showings allowed Tuesdays and Thursdays for Unit B. Please do not disturb the tenants. Property sold AS IS.

Location

State OK

County Oklahoma

Interior

Heating Other

Cooling Window Unit(s)

Fireplace N

Appliance Refrigerator, Water Heater

Exterior

Parking Features Concrete

Garage Description Concrete

Roof Type Composition

Building

Lot Description Interior Lot

Story 1

Foundation Slab

Architectural Style Bungalow

Level or Stories One

Structure Type Brick & Frame

Construction Status Brick & Frame

Schools

Elementary Schools Cesar Chavez Es

Middle Schools Capitol Hill Ms

High Schools Capitol Hill Hs

School District Oklahoma City

Others

Miscellaneous Elec Water Heater,Fenced Property,Shelving,Tenant Pays Utils

Acceptable Financing As is Condition, Cash, Special Funding

Listing Terms As is Condition, Cash, Special Funding

Virtual Tour https://www.propertypanorama.com/instaview/okc/1143347

Multiple Listing Service of Oklahoma (MLSOK)

Gary Caplinger

Broker Associate | License ID: 156437

+1(405) 694-8562

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Oklahoma City, OK