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424 1/2 W 3rd Ave Stillwater, OK 74074
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type MULTIFAMILY
Listing Status Sold
Purchase Type For Sale
Square Footage 3,010 sqft
Price per Sqft $132
Subdivision College Add
MLS Listing ID 129519
Sold Date 05/08/24
Bedrooms 7
Year Built 1915
Annual Tax Amount $3,066
Tax Year 2024
Lot Dimensions 1.5 lots
Property Sub-Type MULTIFAMILY
Property Description
Welcome to this exceptional investment opportunity just steps away from Oklahoma State University campus! This listing features TWO properties, making it an ideal investment or living arrangement. The main home is a 2-story residence with 5 bedrooms, one of which could serve as a versatile downstairs flex room. Additionally, the second property (located behind the main home) is a two-story duplex, with each unit offering 1 bedroom and 1 bathroom. The primary home is currently vacant but last leased for $2500 per month. The rear duplex is leased through the end of July 2024 and all terms of lease and property management must be honored until expiration of 7/27/24. Bottom unit is leased for $450 per month and top unit is leased for $425 per month. This is a rare opportunity to get this close to campus and in this prime location! Conveniently located within walking distance to various campus landmarks, this property offers the epitome of student living or investment potential. Enjoy a 3-minute walk to Hideaway Pizza (0.1 mile), a 7-minute stroll to the OSU Student Union (0.3 mile), just 10-minutes to Theta Pond (0.4 mile), a 12-minute walk to OSU Edmon Low Library (0.6 mile), and just 6-minutes to Eskimo Joe's (0.3 mile). These properties present a unique chance to be in close proximity to campus in a highly sought-after location! Both properties are being sold as-is, offering the chance for customization and investment in this prime location. Don't miss out on this rare opportunity to own a slice of sought after real estate near the heart of OSU! Contact us now for details on current leases and past rent rates. Distances are according to Google Maps' measurements.
Location
State OK
County Payne
Area Southwest
Zoning Urban Residential
Interior
Heating Forced Air
Cooling Central
Exterior
Exterior Feature Siding
Parking Features Other
Building
Story 2
Water City
Level or Stories 2
Schools
School District Will Rogers Elementary
Others
Ownership Stephen & Geri G Byler, Steven L & Leslie Fulton
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Bought with REAL ESTATE PROFESSIONALS
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