3400 S Classen Boulevard Active

Norman,OK 73072

$ 795000

16 Beds

5 Baths

5566 SqFt


Key Details

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,566 sqft

Price per Sqft $142

MLS Listing ID 1122638

Style Traditional

Bedrooms 16

Full Baths 5

Year Built 1950

Lot Size 1.470 Acres

Property Sub-Type More Than 4 Units

Property Description

A rare opportunity to own 5 rental homes on approx 1.47 acres of land currently zoned agricultural but should be able to be zoned commercial as the land to the North is C2 and the land to the South is C1. Walmart and many major developments are within 1 mile and this land has approx 250 feet of frontage on HW 9. All 5 homes are leased and are in pretty good shape and have been generally updated. Collect rent while you plan a commercial rezoning/development or resale.
One home is leased at way below market rent to a company employee. Room for rate increases on most of the leases.
Listing broker is an owner of the company that owns this property with real estate license #071687.
The assessor has the address as 101-105 Home
Account #: 22341 / Parcel ID: NC29 8 2W 9017

Location

State OK

County Cleveland

Exterior

Roof Type Composition

Building

Lot Description Interior

Story 1.0000

Foundation Conventional

Structure Type Brick,Frame,Vinyl

Schools

Elementary Schools Ronald Reagan Es

Middle Schools Irving Ms

High Schools Norman Hs

School District Norman

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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