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Sold for $395,000 on 06/24/24
  • $395,000

    203 Hopkins Ave, Poteau, OK 74953

    2beds
    1baths
    3,600sqft
    Multi Family, Apartment
    Built in 1965
    -- sqft lot
    $406,000 Zestimate®
    $110/sqft
    $863 Estimated rent

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    $863/mo

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    $863/mo

    Rent Zestimate®

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    $2,264/mo

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    $2,264/mo

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    What's special

    Investment Opportunity: 203 Hopkins Ave, Poteau, OK Multi-Family Residence Investors take note: 203 Hopkins Ave is a remarkable opportunity in Poteau, OK. This multi-family property has 8 units rented for $500/month on 12 month lease. Each of these units offer 2-bedroom, 1 bathroom, approximately 450 sq. ft., Oven Range, Refrigerator, AC/Heat split unit, electric water heater, and combination of carpet and vinyl flooring. Key Highlights: Excellent Cash Flow Potential: With a strong occupancy history, this property promises a stable income stream. Desirable Location: Situated on the corner of Hopkins and Folsom St, less than a mile from the Poteau High School and Broadway (main street through Poteau), this property is near all your major conveniences including shopping, hospitals, clinics, restaurants and more, the location attracts a consistent rental market and assures high demand. Additional Lot: The property comes with additional acreage, leaving room for expansion of the apartments or whatever your imagination could think of. Turnkey Units: Each unit features Oven Range, Refrigerator, AC/Heat split unit, electric water heater, and combination of carpet and vinyl flooring. Well-Maintained Building: Pride of ownership shows in the well-maintained exterior and common spaces. Additional Advantages: On-site amenities including parking lot for tenants. Proximity to major employment centers and economic hubs User-friendly lease terms encourage long-term tenancy. Meticulously landscaped grounds, providing an attractive setting for residents. This property is not just a building; it's a stable asset offering both immediate returns and long-term value appreciation. Whether you're expanding your portfolio or stepping into multi-family investments, this asset presents a strategic acquisition in a growth-oriented market. To schedule an exclusive property tour or for more information call us today!

    Zillow last checked: 8 hours ago

    Listing updated: June 24, 2024 at 12:44pm

    Listed by:

    Brian Minks 479-629-0691,

    Shockley-Cooper Realty & Auctions

    Bought with:

    NON MLS Fort Smith, 0

    NON MLS

    Source: Western River Valley BOR,MLS#: 1071431Originating MLS: Fort Smith Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Electric, Other
    Cooling
    • Electric
    Appliances
    • Included: Some Electric Appliances, Electric Water Heater, Range, Refrigerator, Range Hood
    Features
    • Flooring: Carpet, Vinyl
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Concrete Driveway
    • Fencing: None
    Lot
    • Size: 0.96 Acres
    • Features: Corner Lot, City Lot, Near Park
    Details
    • Parcel number: Q00100052000000400
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Masonite
    • Foundation: Slab
    • Roof: Architectural,Shingle
    Condition
    • Year built: 1965

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Near Fire Station, Near Hospital, Near Schools, Park, Shopping
    Location
    • Region: Poteau
    • Subdivision: Poteau Main Town

    Other

    Other facts
    • Road surface type: Paved