OK > Lawton
Lawton, OK 73507,402 NW 3rd ST
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Lawton, OK 73507,402 NW 3rd ST
Lawton, OK 73507,402 NW 3rd ST
Lawton, OK 73507,402 NW 3rd ST
Lawton, OK 73507,402 NW 3rd ST
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Listed by Steven Spencer • Real Broker LLC
$ 270,000
Est. payment /mo
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Active

402 NW 3rd ST Lawton, OK 73507

12 Beds

9 Baths

1,974 SqFt

UPDATED:

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

Construction Status Frame,Stucco

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

Interior

Fireplace N

Appliance Refrigerator, Water Heater

Exterior

Roof Type Mansard

Building

Lot Description Corner Lot, Interior Lot, Other

Story 1

Foundation Slab

Architectural Style Traditional

Level or Stories One

Structure Type Frame,Stucco

Construction Status 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

Multiple Listing Service of Oklahoma (MLSOK)
agent

Gary Caplinger

Broker Associate | License ID: 156437

+1(405) 694-8562

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402 NW 3rd ST

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