$165,000
$165,000
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1504 SW B Ave Lawton, OK 73501
4 Beds
1.5 Baths
7,993 Sqft Lot
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 166970
Sold Date 10/18/24
Bedrooms 4
Full Baths 1
Year Built 2012
Annual Tax Amount $1,774
Lot Size 7,993 Sqft
Property Sub-Type Duplex
Property Description
Investment Opportunity: Duplex at 1504 SW B Ave, Lawton, OK 73501 This well-maintained duplex, built in 2012, presents a promising investment opportunity. Located in Lawton, OK, this property features two units, each having 2 bedroom and 1 1/2 baths, currently renting for $750 per month, totaling $1,500 in monthly rental income and $18,000 annually. The duplex is in excellent condition, reflecting its relatively recent construction and recent updates. Recent improvements include a new roof and new hot water heaters in both units, reducing potential maintenance issues and providing peace of mind for investors. Additionally, one unit has been updated with new carpet, enhancing its appeal to prospective tenants and potentially decreasing vacancy rates. The property's modern build ensures compliance with current construction standards, which can mean fewer problems and lower upkeep costs compared to older properties. This, combined with the recent upgrades, positions the duplex as a low-maintenance investment with minimal immediate repair needs. The location's appeal, including proximity to local amenities, schools, and employment centers, will further impact tenant demand and rental potential. With consistent rental income and recent updates, this duplex represents a solid opportunity for steady cash flow and long-term investment growth. For a complete investment analysis, consider obtaining a detailed property valuation and conducting further market research on the Lawton area. For a private showing of the property contact James Lengele at 580-699-0218
Location
State OK
Area Lloyd
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Carpet Partial, Carpet
Fireplace No
Appliance Refrigerator, Dishwasher, Oven, Electric
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Parking Features Assigned
Garage Spaces 1.0
Fence Fenced
Roof Type Composition
Garage Yes
Building
Foundation Slab
Sewer Public Sewer
New Construction No
Others
Senior Community No
Acceptable Financing VA Loan, FHA, Conventional, Cash
Listing Terms VA Loan, FHA, Conventional, Cash
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