427 Se 17th Street, Oklahoma City, OK

$199,901

3 Beds
Baths
1,275 Sqft
0 Acres
0 Garages

This versatile property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently functioning as a duplex, this property has the potential to be converted into a triplex, maximizing its rental potential. Located just south of downtown, it boasts a prime location just minutes away from Scissortail Park, offering tenants convenient access to urban amenities and recreational opportunities. The property features a total of 3 bedrooms and 3 baths, with one unit already upgraded with new paint and other enhancements making it a turnkey rental opportunity for the savvy investor. Hot water heaters are 2016 and 2017. Whether you're looking to expand your rental income or start your real estate investment journey, this property offers a solid foundation for success. Foundation repair by Trition Foundation. Plumbing updates, sewer line repair, new toilet, electrical upgrades, dry wall repairs, brand new refrigerator in one of the units. Window units are 1 year old. Unit A is leased for $600 a month ending 6/30/24. Unit B is leased month to month at $750. Both tenants would like to stay. Rental rate is currently under market value and should be around $800-850 for the 2 bedroom 2 bath, and $700 for the 1 bed 1 bathroom. $695 deposit unit B and $2000 deposit for unit A. Foundation repair by Trition Foundation. No Showings until after an offer is accepted. Please do not disturb the tenants.

Essential Information
MLS® #1106767
Price$199,901
Bathrooms
Square Footage1,275
Acres0.00
Year Built1983
TypeResidential Income
Sub-TypeDuplex
StyleBungalow
StatusActive
Community Information
Address427 Se 17th Street
SubdivisionEckroat Add
CityOklahoma City
CountyOklahoma
StateOK
Zip Code73129
Amenities
ParkingConcrete, Driveway
Interior
HeatingOther
CoolingWindow Unit(s)
# of Levels1
LevelsOne
Appliances

Refrigerator, Water Heater, Electric Water Heater

Exterior
Exterior FeaturesFence
Lot DescriptionInterior Lot, Yard
RoofComposition
ConstructionBrick, Frame
FoundationSlab
School Information
DistrictOklahoma City
ElementaryCesar Chavez ES
MiddleCapitol Hill MS
HighCapitol Hill HS
Additional Information
Date ListedApril 4th, 2024
Days on Market30
HOA Fees Freq.Annually
Listing Details
AgentVictory Reneau Razavi
OfficeWhittington Realty
Property History
Price Increased from $199,900 to $199,901
Price Reduced from $199,901 to $199,900
Price Increased from $199,900 to $199,901
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