Residential Income in Oklahoma City

$639,000

3524 51st, 73112, Oklahoma City, OK

Residential Income for sale in Oklahoma City, 3524 51st, 73112, 6930 m²

3524 51st, 73112, Oklahoma City, OK

$639,000

2Bed
2Bath
6930m²
Type: Residential Income

Description

Incredible Investment Opportunity—7 Hampton House Condos Offered Together for $675, 000! Expand your portfolio with seven well-maintained condos, each offering 2 bedrooms, 1.5 bathrooms, and an open living and kitchen layout. Current scheduled rental income totals $8, 000 monthly, or $96, 000 annually. Estimated annual net operating income is $63, 513, reflecting an approximately 9.41% cap rate at the asking price. HOA dues of $335 per unit monthly include gas, water, trash removal, lawn care, landscaping, exterior building maintenance, and roof maintenance and repairs. The HOA also maintains and repairs plumbing inside walls and underground, sewer lines, water lines, gas lines, and hot water tanks. Hot water tanks and heating systems are gas-powered. Association insurance covers building exteriors and common areas; it does not cover tenants’ personal belongings or unit interior contents. Tenants pay electricity and are responsible for interior upkeep as outlined in their leases, excluding HOA-covered items. Renters insurance is strongly encouraged. Community amenities include a swimming pool, on-site laundry facility, and reserved parking. Conveniently located near I-44, NW Expressway, medical centers, shopping, dining, and parks. Package includes 3524 NW 51st St, Units 3 and 7; 3532 NW 51st St, Units 201 and 204; and 3536 NW 51st St, Units 303, 306, and 307. Total package price: $675, 000.

Agent Information

Location

3524 51st, 73112, Oklahoma City, OK

Data

Object TypeResidential Income
Purchase Price$639,000
Living Space6930 m²
Plot SizeN/A
Bathrooms2
Construction Year1976
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral Gas
Primary Energy SourceN/A
Construction Year1976
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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