315 E Modoc Avenue
McAlester, OK 74501
$1,300,000
13149 sqft | 0.72 acres | #2438487
For Sale
Description
TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. Gross rent is $10,350, however, 3 units are rented under market value.
Interior Details
Interior Features
- Interior:High Ceilings, High Speed Internet, CableTv, Vaulted Ceilings, Window Treatments, Ceiling Fans
Property Details
Property
- Stories:2
Measurements
- Acres:0.721
- Square Feet:13149
Construction Details
Type & Style
- Property type:Purchase
- Basement:Crawl Space
Condition
- Year built:1999
Material information
- Foundation:Crawlspace
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Utility features:Cable Available, Electricity Available, Fiber Optic Available, Phone Available, Water Available
Community and Neighborhood Details
Community
- Subdivision:South McAlester
Location
- School district:McAlester Sch Dist (R2)
- County:Pittsburg
Financial Details
Pricing Details
- Original List Price:$10, 250
- Days on Market (Cumulative):24
- Taxes annual:$7, 136
Other
Source
- MLS #:2438487
Location
Legal
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Last Updated: . Source: NORES
Listing Courtesy
Listing Agent: Kristy Balch
Listing Office: Leader Group Realty, LLC
Laura EdwardsReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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