$1,400,000

1838 NW 11th Street, Oklahoma City, OK 73106

  • 6,480 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $216/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This exceptional investment property generates over $7,300 a month in income and is situated just five blocks south of the bustling Plaza District and also near Mid-Town. The complex comprises ten beautifully renovated units that combine modern amenities with preserved historic details. At the heart of this property is a six-unit Gothic-style building, which boasts an updated water supply system, efficient mini split HVAC units, updated thermal windows, updated electrical systems and services, and exquisitely refurbished interiors. Next door, two separate duplexes have been fully renovated to the same high standard. The property also includes new concrete parking at the rear and new sidewalks surrounding the entire corner. This turnkey rental package ensures low overhead costs, making it an attractive option for investors. Located in one of Oklahoma City's fastest-growing areas, this property offers tenants access to green spaces, with some units featuring private yards. The architecture, high-end finishes, and availability of both private and communal gardens and grilling areas add to its appeal. The units include eight one-bedroom apartments of various sizes and two efficiency apartments, all plumbed for European-style washer-dryer combos. This is a rare opportunity for investors to acquire a high-quality, hassle-free asset in a prime location.

Listing Status:
Active
Date Added:
May 29, 2024 at 05:00AM
Listing Office:
Chinowth & Cohen : 405-843-8188
Listing Agent:
Heston Bush : 580-399-6379
MLS ID:
1118389
  • A/C: ElectricZoned
  • Heating: ElectricZoned

This listing courtesy of Heston Bush, Chinowth & Cohen

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eugene Field Elementary School

1515 N Klein Ave, Oklahoma City, OK, 73106

Grades PK-4

0.63 miles away

C

Classen Middle School of Advanced Studies

1901 N Ellison Ave, Oklahoma City, OK, 73106

Grades 5-8

0.76 miles away

E

Emerson Alternative Education (High School)

715 N Walker Ave, Oklahoma City, OK, 73102

Grades 9-12

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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