Buy And Sell With Debby Clark, Metro Brokers of OK

810 Classen, Unit 812, Norman, OK 73071 (MLS # 803374)

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PRICE $409,500
BEDS 7
BATHS 6 full, 1 half
HOME SIZE 3,845 sq ft
LOT SIZE n/a

NOW an 8% CAP RATE this close to Campus......Price somewhat negotiable for strong/serious buyer. This is 6 units within walking distance to The University of Oklahoma (less than 1/2 mile away). Stays leased year around with upside in rental income. Great tenants who pay on time! No major deferred maintenance. Turn key investment opportunity with upside in rents and option to renovate to maximize rental income. No more multi family properties allowed to be built in this neighborhood (buyer to confirm). Seller will not allow potential buyers to disturb tenants with interior showings until under contract or until pricing/terms have been agreed to. Chicago Title Downtown OKC is preferred Title Company as they have closed on it before. Pricing is somewhat negotiable - Last appraisal was in July of 2017 for $425,000.00 - New Roof, new electrical panels, new staircase...Everything is in good working order.

DAYS ON MARKET 190 LAST UPDATED 6/11/2018
COMMUNITY Classen Miller COUNTY Cleveland
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Norman

PRICE HISTORY
Prior to Feb 16, '18 $419,000
Feb 16, '18 - May 22, '18 $415,500
May 22, '18 - Jun 7, '18 $415,000
Jun 7, '18 - Jun 11, '18 $414,500
Jun 11, '18 - Today $409,500


ADDITIONAL DETAILS
APPLIANCES Refrigerator, Washer/Dryer, Water Heater
ASSUMABLE No
CONSTRUCTION Other
COOLING SYSTEM Window Unit
FIREPLACE DESC Mock
FOUNDATION Conventional
GEOCODE SOURCE PxPoint
HEAT SYSTEM Other
LAST CHANGE TYPE Price Decrease
LAST STATUS Pending
LIST TYPE Exclusive Right to Sell
MLS Oklahoma City Metropolitan AOR
OCCUPIED Yes
PARKING Additional, Concrete Drive
PROPERTY SUB TYPE More Than 4 Units
PROPERTY TYPE MultiFamily
REGIONAL BOARD ID OKC
ROOF Other
SERVICE TYPE Limited Service
STYLE Other
TERMSOF SALE As is Condition
Listing provided by Richard Jennings, Richard Jennings Real Estate
Copyright© 2018 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is 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. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc.
Information last updated on 7/19/18 12:27 AM PDT.


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