Lawton, OK 73501,1504 SW B Ave
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Lawton, OK 73501,1504 SW B Ave
Lawton, OK 73501,1504 SW B Ave
Lawton, OK 73501,1504 SW B Ave
Lawton, OK 73501,1504 SW B Ave

$165,000

Est. payment /mo

$165,000

Est.Price: ?

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1504 SW B Ave Lawton, OK 73501

4 Beds

1.5 Baths

7,993 Sqft Lot

SOLD DATE : 10/18/2024

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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Listed byCOLDWELL BANKER SALUTE
Bought with RE/MAX PROFESSIONALS
agent

Kevin Munchel

Agent | License ID: 152107

+1(580) 574-9223

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