Historic 13-unit apartment complex in downtown Grove, OK at Grand Lake O' the Cherokees! This 3 story complex has been updated throughout with good quality, low-maintenance finishes that will last. The property features an on-site laundry room with 2 sets of newer coin-operated machines, Secured keyless entry doors, newer windows and TPO roof with warranty & several new HVAC units. All units have independent electric meters. Secured mailbox located in lobby for each unit. Steel entry doors. Walking distance to all downtown dining & shopping!! Great investment opportunity with owner finance available! Seller will provide terms with 30% down, 7.5% interest, 3-5, year balloon, will do interest only or principal plus interest amortized up to 30. 7 of the 13 units have been completely gutted and redone. The other 6 units have been updated. The entire common area has been updated to a modern clean look. Approx. 11 of the 13 a/c units have been completely replaced. The seller performs background checks on every tenant and screens each tenant personally, creating a harmonious balance in the building. The building is located right in the Heart of downtown Grove. Walk to all the boutiques, restaurants & coffee shops!! The seller easily operates the building remotely and has great vendors who know the building well for electrical, plumbing, roofing, HVAC, locksmith, washer/dryer, etc.
Sold for $815,000 on 10/30/24
$815,000
113 W 3rd St, Grove, OK 74344
16beds
14baths
--sqft
Multi Family
Built in ----
-- sqft lot
$869,600 Zestimate®
$--/sqft
$1,328 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2024 at 07:51am
Listed by:
The Krumrey Team 918-801-6837,
Keller Williams Realty Grand Lake
Bought with:
Joni Gaertner, 158520
EXP Realty LLC
Source: Northeast Oklahoma BOR,MLS#: 24-1007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 14
Heating
- Electric
Cooling
- Central Air
Property
Features
- Stories: 3
Details
- Parcel number: 210039700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Grove
- Subdivision: Grove-Original