521 SW 24th ST, Oklahoma City, OK 73109
521 SW 24th ST, Oklahoma City, OK 73109
521 SW 24th ST, Oklahoma City, OK 73109
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Listed by Thao Nguyen-Pham • Spearhead Realty Group LLC
$825,000
Est. payment /mo
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9,438 SqFt
New

521 SW 24th ST Oklahoma City, OK 73109

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Key Details

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,438 sqft

Price per Sqft $87

MLS Listing ID OKC1247796

Style Traditional

Construction Status Brick

Year Built 1929

Annual Tax Amount $7,563

Lot Size 0.482 Acres

Property Sub-Type More Than 4 Units

Property Description

NEW IMPROVED PRICE! MOTIVATED SELLER! Excellent opportunity to acquire a fully occupied 12-unit multifamily property in Oklahoma City's Historic Capitol Hill District. This solid brick apartment community consists of three separate buildings with four units each, featuring twelve 1-bedroom, 1-bath units. With 100% occupancy, investors can enjoy immediate cash flow from day one while still having room for future income growth. Most units have been updated with newer windows, paint and floor, and the property has no known major immediate maintenance needs. Electrical panels have been updated. Some rents remain below market, creating an opportunity to increase revenue over time. A rear storage building offers additional upside and could potentially be converted into a laundry facility or other income-producing use. Great location and great opportunity for investors looking for both current income and future value-add potential.
Disclosure: Listing agent is related to the seller.

Location

State OK

County Oklahoma

Interior

Fireplace N

Exterior

Roof Type Composition

Building

Lot Description Interior Lot

Story 2

Foundation Slab

Architectural Style Traditional

Structure Type Brick

Construction Status Brick

Schools

Elementary Schools Lee Es

Middle Schools Capitol Hill Ms

High Schools Capitol Hill Hs

School District Oklahoma City

Others

Acceptable Financing As is Condition

Listing Terms As is Condition

Multiple Listing Service of Oklahoma (MLSOK)

NEARBY SCHOOL & BUSINESS

Casey Tuter
Casey Tuter

Realtor/Broker Associate License ID: 172150

+1(405) 595-8902 | casey.tuter@brixrealtygroup.com

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521 SW 24th ST