402 NW 3rd ST, Lawton, OK 73507
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402 NW 3rd ST, Lawton, OK 73507
402 NW 3rd ST, Lawton, OK 73507
402 NW 3rd ST, Lawton, OK 73507
402 NW 3rd ST, Lawton, OK 73507
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Listed by Steven Spencer • Real Broker LLC
$ 125,000
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402 NW 3rd ST Lawton, OK 73507

6 Baths

1,974 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,974 sqft

Price per Sqft $63

MLS Listing ID OKC1212270

Style Traditional

Full Baths 6

Construction Status Concrete,Frame

Year Built 1941

Annual Tax Amount $1,447

Lot Size 7,500 Sqft

Property Sub-Type More Than 4 Units

Property Description

Value-Add Multifamily Opportunity in Lawton. This 3-building complex features 6 studio units listed at $125,000. The property offers a diverse mix of conditions for the savvy investor: 2 tenant-occupied units generating $1,050/month, 1 vacant rent-ready unit, 1 vacant unit needing cosmetic updates, and 2 fire-damaged shells ready for full renovation. Current market rates support a projected rent of $550/unit ($3,300/month total) once stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 408 NW 3rd St (a triplex listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants. Full investor packet available.

Location

State OK

County Comanche

Interior

Cooling Window Unit(s)

Fireplace N

Appliance Refrigerator, Water Heater

Exterior

Roof Type Metal

Building

Lot Description Corner Lot, Interior Lot

Foundation Slab

Architectural Style Traditional

Level or Stories One

Structure Type Concrete,Frame

Construction Status Concrete,Frame

Schools

Elementary Schools Lincoln Es

Middle Schools Central Ms

High Schools Lawton Hs

School District Lawton

Others

Acceptable Financing As is Condition, Cash

Listing Terms As is Condition, Cash


Multiple Listing Service of Oklahoma (MLSOK)

NEARBY SCHOOLS & PROPERTIES

Sarah Bytyqi

Sarah Bytyqi

Broker | License ID: 154928

+1(405) 850-0362

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402 NW 3rd ST