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402 Northwest 3rd Street

Lawton OK 73507

6
1974 sq. ft.
7500 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Value-Add Multifamily Opportunity in Lawton. This 3-building complex features 6 studio units listed at $125,000. The property offers a diverse mix of conditions for the savvy investor: 2 tenant-occupied units generating $1,050/month, 1 vacant rent-ready unit, 1 vacant unit needing cosmetic updates, and 2 fire-damaged shells ready for full renovation. Current market rates support a projected rent of $550/unit ($3,300/month total) once stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 408 NW 3rd St (a triplex listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants. Full investor packet available.

Features

6 bathrooms
1974 sq. ft. floor area
7500 sq. ft. lot size
Multi-Family

Property history for 402 Northwest 3rd Street

2021
Sold
$178,500
06 Oct 2021

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Local market activity for multi families in Lawton

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Sales:
(619) 566-0008
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