BEDS0
BATHS6 full
SQUARE FEET1,974
MLS#1212270
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLawton
Property Description
Value-Add Multifamily Opportunity in Lawton. This 3-building complex features 6 studio units listed at $125,000. The property offers a diverse mix of conditions for the savvy investor: 2 tenant-occupied units generating $1,050/month, 1 vacant rent-ready unit, 1 vacant unit needing cosmetic updates, and 2 fire-damaged shells ready for full renovation. Current market rates support a projected rent of $550/unit ($3,300/month total) once stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 408 NW 3rd St (a triplex listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants. Full investor packet available.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Traditional
Lot Size: 0.17 Acres
Roof Type: Metal
Taxes: $1,447
Year Built: 1941
Feature Descriptions
Appliances: Refrigerator, Water Heater
Days on Site: 31
Exterior: Concrete, Frame
Lot: Corner Lot, Interior Lot
Local Schools
High School: Lawton HS
Middle School: Central MS
Elementary School: Lincoln ES
School District: Lawton
Listed By / Shown By
Listed By
Agency Name: Real Broker LLC
Agency Phone: 405-400-1611
Agent Name: Steven Spencer
Shown By
Agency Title: Crossland Real Estate
Agency Phone: 405-604-6800
Estimate Your Payment
Estimated Payment
$ 435.24 per month $278.20 Principal & Interest $120.58 Property Tax $36.46 Homeowner's InsuranceChange Payment Information
402 NW 3rd Street | MLS# 1212270
This multi-family property located at 402 NW 3rd Street, Lawton, OK 73507 is currently listed for sale with an asking price of $125,000. NW 3rd Street is located within the Lawton school district. Search Lawton real estate on www.gocrossland.com today.