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220 E Springer AvenueGuthrie, OK 73044

Logan County

$434,999List price
6Beds
5Baths
3,885Sq Ft
1930Year built
2Stories
7 months agoOn market

Description

THIS IS AN OPPORTUNITY FOR GREAT CASH FLOW FOR YOUR INVESTMENT PORTFOLIO w/a MULIT-FAMILY PROPERTY! TOTAL TURNKEY with all 5 UNITS OCCUPIED AND LEASED WITH VETTED TENANTS. Leases are all renewed through 2027. This 5 unit multi-family rental is 3885' total square feet. Addresses are: 220, 222, 222.5 & 224 E. Springer and 323 Broad. 220 E Springer is a stand alone house with 2 Beds, & 1 Bath. The bigger house has 4 units: 2 Upstairs, 2 Downstairs. The 4 Units are 1 Bed, 1 Bath WITH THEIR OWN ENTRY. #222 has 1 Bed, 1 Bath + office. The Property is Being Sold As is due to All 5 Units Remodeled, Rehabbed, and Gutted in 2021. Roof replaced on all 2021 too. HVAC 2021. There are 2 tax IDs - #0000679 & #0000682 for 5 properties that are currently rented, so the Buyer/Investor can go conventional or commercial financing or cash. TOTAL MONTHLY RENT IS approximately $4045/month. Stainless Appliances, Refrigerator in each unit. Location is 1 block from Guthrie HS baseball field & .4 miles to beautiful historic downtown Guthrie. What a great addition to your investment portfolio! Renters/Tenants all each pay electric & gas & water. (Guthrie High School Baseball Field to the west, Guthrie First Bapt Church & Guthrie Fire Dept are across the street to the South). Parking is on Springer Avenue. Property sits on Two separate lots with Two Tax IDs. Renters/Tenants all each pay Electric, Gas, & Water utility bills. SOLD AS A PACKAGE DEAL! GREAT OPPORTUNITY! WILL GO FAST.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Style
Historic / Victorian
Year built
1930
Stories
2
Living area
3,885 Sq Ft
Lot size
3,499 Sq Ft
Days on market
238
MLS® Listing#
1211287

Property Features

Appliances
Water Heater
Laundry
Laundry Room
Lot features
Corner Lot
Construction
Frame
Roof
Composition
Community
Curbs
Parcel number
220ESpringer73044

Schools

Elementary
Central ES
Middle
Guthrie JHS
High
Guthrie HS

Directions

Take I-35 North. Exit Hwy 33/Noble Ave . Go approx 2 miles west on Hwy 33/Noble Ave. Turn south on Broad & go 5 blocks. Five unit Multiplex sits on NW corner of Broad/Springer.

Oklahoma City Metropolitan Association of REALTORS, Inc logo

Listing Courtesy: eXp Realty, LLC - 8885603964

Presented by: Kathy Parker

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