315 E Modoc Avenue
McAlester, OK 74501
$1,300,000
13149 sqft | 0.72 acres | #2438487
Off Market
Description
TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. Gross rent is $10,350, however, 3 units are rented under market value.
Property Details
- Days on Market (Cumulative):23
Location
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Last Updated: . Source: NORES
Listing Courtesy
Listing Agent: Kristy Balch
Listing Office: Leader Group Realty, LLC
Justin EdwardsReal Estate Group
