Multifamily investment generating $2,950/month in current rental income, with 9 total units across two parcels at 402 and 408 NW 3rd St in Lawton. Unit 402 N/S and 404 N are tenant-occupied studios. 404 S is rent-ready. Units 406 N/S are fire-damaged studios. 408 and 412 are occupied 2 bed, 1 bath units. 410 is a vacant 2 bed, 1 bath unit needing renovation. With four units currently offline, this property offers a clear value-add opportunity to significantly increase cash flow through renovation and lease-up, unlocking upside potential and driving gross rents well beyond current level. Property sold as-is. Do not disturb tenants. Full investor packet available upon request. Please do no disturb tenants.
For sale
Price cut: $15K (7/11)
$255,000
402 NW 3rd St, Lawton, OK 73507
6beds
1,974sqft
Est.:
Multi Family
Built in 1941
-- sqft lot
$243,800 Zestimate®
$129/sqft
$-- HOA
What's special
Tenant-occupied studios
- 33 days
- on Zillow |
- 279 |
- 20 |
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