Oklahoma City, OK 73109,20 SW 23rd ST
Oklahoma City, OK 73109,20 SW 23rd ST
Oklahoma City, OK 73109,20 SW 23rd ST
Listed by Breann Green • H&W Realty Branch
Bought with Bill Harvey
$263,000
Est. payment /mo
$299,000
12.0%
Est.Price: ?

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2,862 SqFt
SOLD DATE : 07/12/2024

Key Details

Sold Price $263,000

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $91

MLS Listing ID OKC1108910

Sold Date 07/12/24

Style A-Frame,Other

Construction Status Frame

Year Built 1935

Annual Tax Amount $3,167

Lot Size 7,000 Sqft

Property Sub-Type More Than 4 Units

Property Description

***Motivated seller. BRRRR opportunity. Property being sold "As-is"*** Welcome to your next investment opportunity at 20 SW 23rd St, OKC, OK, 73109! This 6-unit apartment complex, strategically located near downtown OKC and just a 2-minute drive from the Paycom Center, is a savvy investor's dream. The landlord takes care of all bills, making this property easy to keep full. With current rents below market value, there's substantial room for growth, ensuring a solid return on investment. Take a closer look at the individual units: Unit 1: A spacious 2-bed, 1-bath currently rented at $725, but the market supports $925. Unit 2: Another 2-bed, 1-bath unit, currently vacant, with the potential to increase to the market rate of $925. Unit 3: A comfortable 1-bed, 1-bath apartment currently rented at $725, and the market suggests an increase to $750. Unit 4: This 1-bed, 1-bath unit commands a rent of $775 which is right at market value. Unit 5: Another 1-bed, 1-bath currently rented at $725, with the market supporting an increase to $750. Unit 6: A 1-bed, 1-bath unit, currently vacant, presenting a fantastic opportunity to set the rent at the market rate of $750. With its prime location, landlord pays all bills, and the potential for increased rental income, this apartment complex near downtown OKC is not to be missed. Seize the opportunity to maximize your investment returns and schedule a showing today!

Location

State OK

County Oklahoma

Interior

Heating Other

Cooling Other

Fireplace Y

Exterior

Parking Features Asphalt, Concrete

Garage Description Asphalt, Concrete

Roof Type Composition

Building

Lot Description Interior Lot

Story 2

Foundation Slab

Architectural Style A-Frame, Other

Level or Stories Multi

Structure Type Frame

Construction Status Frame

Schools

Elementary Schools Wheeler Es

Middle Schools Webster Ms

High Schools Capitol Hill Hs

School District Oklahoma City

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Multiple Listing Service of Oklahoma (MLSOK)

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OKLA RE GROUP

+1(405) 831-8453

Agent | License ID: 150552

Agent License ID: 150552

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