1306 E Modoc Avenue

McAlester, OK 74501
$1,300,000
13149 sqft | 0.73 acres | #2438487

Description

TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. Gross rent is $10,350, however, 3 units are rented under market value.

  • Interior Details
    • Interior Features
      • Interior:High Ceilings, High Speed Internet, CableTv, Vaulted Ceilings, Window Treatments, Ceiling Fans
  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.732
      • Square Feet:13149
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:Crawl Space
    • Condition
      • Year built:1999
    • Material information
      • Foundation:Crawlspace
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Available, Electricity Available, Fiber Optic Available, Phone Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:South McAlester
    • Location
      • School district:McAlester Sch Dist (R2)
      • County:Pittsburg
  • Financial Details
    • Pricing Details
      • Original List Price:$10, 250
      • Days on Market (Cumulative):23
      • Taxes annual:$7, 136
  • Other
    • Source
      • MLS #:2438487

Location

Malo & Company Owner / Broker
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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