If you are looking for an investment property in Oklahoma, look no further than this duplex and single garage apartment on one lot. Located in a quiet neighborhood, this property offers a unique opportunity to own three separate units on one lot.
The two half duplexes are each one bed/one bath units with central heat and air. The north unit, 121, was remodeled approximately ten years ago and is in great condition. The south unit, 121.5, has recently been remodeled and is move-in ready. Both units are currently rented, bringing in a total of $825 per month.
In addition to the duplex, there is a garage apartment above a three-bay, converted garage. While the apartment does not have central heat and air, it has great potential and is in need of updating. The two garage bays on the west end of the garage are currently used for storage, while the third bay on the east end is being renovated into an extra room for the apartment. This new space can be used as a living area or as an additional bedroom, depending on your needs.
All three units are currently rented, bringing in a total of $1345 per month. Operating expenses for the property are approximately $300 per month, making this a solid investment opportunity. There is no sign at the property, so please use Showing Time to schedule a walk-around. However, there will be no interior showings until the property is under contract.
Buyers should verify all information about the property before making an offer. This investment property is a great opportunity for those looking to generate passive income and build wealth. Don’t miss out on this chance to own three separate units on one lot in Oklahoma.
121 S Center Avenue, Shawnee, OK 74801