419 Nw 25th Street, Oklahoma City, OK
$380,000
This is an opportunity to have 3,200 square feet of rental property in a prime neighborhood, just 1/2 block off Walker and a few blocks to Uptown 23rd or to Paseo. You can finish the structures to your liking, so you can ensure the quality and design to enable decades of low maintenance and high rental desirability. The work to date on the house has been of the quality to make it stand for another one hundred years--ex. foundation reconstruction, removing and back-priming the siding, adding a weatherwrap, etc. New insulated windows and wall insulation will lead to lower utility bills, happier tenants, and longer HVAC life. The existing and potential floor plans have modern layouts and large closets that will make this property competitive to the area rental stock. The site has 2 structures -- a 960 sqft house (framed for 2 beds, 2 baths with laundry room) and a 2,240 sft duplex (side by side, 2 beds 1.5 baths) along the rear property line. The house was built in 1905 and its renovation has completed full enclosure and is ready for rough-in. The duplex was built in the late 1970's to 1980's (determined by PVC drain lines). This building has had the sheetrock removed and is ready to either be refinished as a duplex or converted to a 4plex (permitted through SPUD 1466). New powder coated aluminum windows for the duplex are in hand (from Thermal Windows of Oklahoma)
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