3 Beds
2 Baths
1,543 SqFt
3 Beds
2 Baths
1,543 SqFt
Key Details
Property Type Multi-Family
Sub Type More Than 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,543 sqft
Price per Sqft $401
MLS Listing ID OKC1249877
Style Other
Bedrooms 3
Full Baths 2
Construction Status Brick & Frame,Other,Stone
Year Built 1985
Annual Tax Amount $5,572
Lot Size 2.474 Acres
Acres 2.4739
Property Sub-Type More Than 4 Units
Property Description
The remodeled 1-bedroom, 1-bath residence rents for $725 per month on a month-to-month lease. The second home rents for $950 per month under a new annual lease, with potential for cosmetic improvements and future rent growth.
Behind the homes, the storage and parking operation features an electronic access gate and security cameras. Currently, only 38 of the combined 147 storage units and parking spaces are rented as the operation undergoes repositioning. Marketing has historically been limited to on-site signage, creating an opportunity to increase occupancy through an online presence and active management.
Storage and parking currently brings in $1,964 per month in gross rental income, with room to grow through increased occupancy. Historical gross revenue exceeded $36,000 in 2024, while utility and lawn-care expenses totaled just over $2,500 in 2023. Current and historical financial information is available for review.
With established infrastructure, two leased residences, and significant storage and parking availability, this property offers an opportunity to build on an existing operation and expand income through improved visibility and increased occupancy. Contact us to schedule a showing and request financials.
Location
State OK
County Oklahoma
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Refrigerator, Water Heater
Exterior
Parking Features Concrete, Gravel, RV Access/Parking
Garage Description Concrete, Gravel, RV Access/Parking
Roof Type Composition
Building
Lot Description Interior Lot, Other
Foundation Combination
Architectural Style Other
Level or Stories One
Structure Type Brick & Frame,Other,Stone
Construction Status Brick & Frame,Other,Stone
Schools
Elementary Schools Hilldale Es
Middle Schools Mayfield Ms
High Schools Putnam City Hs
School District Putnam City
Others
Miscellaneous Fenced Property,Inside Storage,Outside Storage,Security Lighting,Security System,Separate Meters,Storage,Tenant Pays Utils,Wellhouse
Nearby Locations
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