15509 E 11th St, Tulsa, OK 74108

ROUTE 66 TWO BEDROOM HOUSE WITH THREE GARAGE APARTMENTS! One of a kind property with charming cottage-style house plus three studio apartments on 1.3 acres in east Tulsa. Full renovation of the two-bed, one-bath house completed 11/2022 includes stainless appliances, new Pella windows, new roof, new HVAC, new electrical & plumbing, new luxury vinyl floor, and more. The house features a wood burning fireplace, lots of natural light, indoor laundry room, and a private entrance into the primary bedroom. Outdoors there are two covered porches, a huge yard, a double detached garage plus single carport, and a 32x18 storage building/workshop. Country living with convenient interstate access to go nearly anywhere in Tulsa, Broken Arrow, or Owasso in 20 minutes or less. All four units currently rented: three studio apartments, rented on weekly basis, total $1,993/month with utilities included; house is leased through 12/2023 for $1,475/month including utilities. Gross annual income from all four units $41,620; current annual fixed expenses $8,400. Cap rate 9.5%. OWNER FINANCING AVAILABLE TO QUALIFIED BUYERS AT 9% WITH 20% DOWN. Property to be sold "as-is".