1627 S 17th ST Active Save Request In-Person Tour Request Virtual Tour
Chickasha,OK 73018
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 26,670 sqft
Price per Sqft $37
MLS Listing ID OKC1155494
Style Other
Year Built 1970
Annual Tax Amount $1,199
Lot Size 0.514 Acres
Property Sub-Type Apartment
Property Description
Seize the opportunity to restore and revitalize this 37-unit apartment complex, ideally located tight NECT DOOR to the University of Science and Arts of Oklahoma. This property presents an exceptional project for developers and investors looking for a significant value-add opportunity. The complex suffered fire damage that originated in the shared laundry mat and affected approximately 5 apartments, and has since been abandoned making it the perfect blank canvas for redevelopment. While abandoned an additional fire damaged 2 of the north bottom apartments. Each unit offers spacious layouts, and most apartments come with their own balcony, perfect for enjoying the outdoors. Additionally, the property features a large courtyard that would be an ideal setting to add a pool/hot tub spa, enhancing the overall appeal and rental potential of the complex. TPO roof was installed to the North and South buildings in 2022. It gets even better, 1615 S 17th St is also included in this sale. 2 bed 1 bath 1,060 sq ft. This is a rare chance to take on a project with immense potential. Bring your creativity, team, and resources to transform this distressed property into a profitable investment. Don't miss out on this unique investor special! Contact us today for more details and to schedule a tour. Photos are from after fire and when property was open and operating.
Location
State OK
County Grady
Exterior
Roof Type Other
Building
Lot Description Corner Lot
Story 2
Foundation Combination
Structure Type Other
Schools
Elementary Schools Bill Wallace Ec Ctr,Grand Avenue Es,Lincoln Es
Middle Schools Chickasha Ms
High Schools Chickasha Hs
School District Chickasha
Others
Acceptable Financing As is Condition,Cash,Conventional
Listing Terms As is Condition,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/okc/1155494