Excellent investment opportunity in Ardmore! This fully occupied 6-unit multi-family property offers approximately 5,400 SF of rentable space with an 8.5% cap rate. Tenants pay electric; owner pays water and trash. Low expenses with strong cash flow and stable tenant base. Conveniently located near downtown Ardmore with easy access to amenities. Onsite parking lot included. Full value-add potential allows for future rent growth and increased returns. A great starter investment with upside.
| MLS # | 2525617 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 297 |
| Listing Provided By | Office Staging Realty | Megan Towery |
| SQ Feet | 2,727 |
|---|---|
| Story(s) | 2 |
| Zoning | C1 |
| Acreage | 0.38 |
| Parking Features | Two Or More Spaces |
|---|
| Tax Annual Amount | 13971 |
|---|
| State | OK |
|---|---|
| County | Carter |
| City | Ardmore |
| Zip Code | 73401 |
| State | OK |
|---|---|
| County | Carter |
| City | Ardmore |
| Zip Code | 73401 |