120 W Tyler Avenue $950,000

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    120 W Tyler Avenue Stillwater, OK 74075

    • 0 Beds
    • 0 Baths
    • 4,488 sq. ft.
    • Multi-Family
    • MLS# 124283
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    Views: 66 Days On Site: 113

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    Property Details

    Only Blocks from Campus!! Great opportunity to own a Small & Unique Apartment Complex! Two Buildings with each having 6 apartments (3 up & 3 down). Both Buildings connected by a outdoor staircase that runs up the middle of the courtyard. There is a total of 12 apartments, all of the same format, 2 bedrooms, 1 bath. Each has a built-in dining table & all appliances in kitchen which are working. All Heat & Air units are working and in good repair. About 8 units have been remodeled with new carpet, cabinets, etc. Owner removed most all tenants to other owned properties in order to do repairs caused by frozen pipes after the bad ice storm in 2020. Therefore, there is only 1 tenant at this time. However, this unique and attractive apartment building has a 30-year history of being in strong rental demand. It is a proven performer for cash flow. Located near the high school, many fast food outlets and easy access to campus and shopping. Leases were at $480.00 month. Still in need of some cosmetic repairs and selling as-is. CHECK IT OUT AND PUT YOUR OWN TOUCH ON REVITALIZING THIS UNIQUE PROPERTY! This would be a wonderful addition to a local rental property portfolio.

    • General Features
      • Area Northwest
      • Approx Year Built (M/L) 1979
      • Subdivision Watson Heights
      • County Payne
      • Flood Insurance No
      • Type Apartments
      • Homestead Y/N No
      • Zoning Multi Family Stw
    • Building Features
      • Appliances Range, Dishwasher
      • Approx SqFt (M/L) 4,488
      • Buildings # of 2
      • Cooling Central
      • Electric City
      • Exterior Brick Veneer
      • Gas Natural
      • Heating Forced Air
      • Int/Ext Features Slab
      • Levels 2
      • RENT Written Lease
      • Street Surface Paved
      • Water City
    • Property Features
      • Lot Dimensions (M/L) 130 x 140
      • Sewer/Septic City
      • PARKING Parking Lot
      • Parking Quantity 11-20
      • Parking Surface Asphalt
      • Parking Type Ground Level
    • Schools
      • School District Will Rogers Elementary

    Contact

    Brooks Thomas

    Brooks Thomas

    Realtor, GRI, SRES

    173931

    RE/MAX Signature

    Cell: 405-880-3476

    Neighborhood

    74075 (Stillwater) Demographics

    25 Median Age
    265 Population Density (per sq. mile)
    50% College Educated
    $36,291 Estimated Median Income
    4,235 Estimated Total Home Owners
    6,575 Estimated Total Renters
    39% / 61% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,039 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $950,000
        9/30/2021 4:48:00 PM New in Database Source: Multiple Listing Service New Value: $950,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        This representation is based in whole or in part on data supplied by the Stillwater Board of REALTORSĀ® or its Multiple Listing Service. Neither the Board nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.