4588 W 64th PL new

Tulsa,OK 74132

$ 499000

9 Beds

6 Baths

4700 SqFt


Key Details

Property Type Multi-Family

Sub Type More Than 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,700 sqft

Price per Sqft $106

MLS Listing ID OKC1194530

Style Other

Bedrooms 9

Full Baths 6

Year Built 1955

Lot Size 0.719 Acres

Property Sub-Type More Than 4 Units

Property Description

7.4% cap rate Tulsa property without the taxes and bureaucracy, located in an unincorporated area adjacent to The Oaks country club. This 5-unit property includes two lots (one parcel) and has 3 units in the front and 2 units in the back. It's a turn-key investment opportunity with 4 of 5 units currently leased and generating income. Many upgrades have been completed including the 2 rear units which are completely new from the studs out. The front 3 units have upgrades to electrical, HVAC, interior/exterior paint, and more. The property offers a strong foundation for cash flow, with the added upside of renovating the existing pool, adding storage, space for more units/parking, and opportunity for utility billback. Whether you're looking to add to your portfolio or secure your first multifamily investment, this property combines immediate income with significant growth potential. Unit Mix: Front- Large 3/2 with 2 living, 2 dining areas, and 2 car garage, 1/1, and 1/1. Back- 3/1 and 1/1.

Location

State OK

County Creek

Interior

Heating Other

Cooling Other

Fireplaces Number 1

Exterior

Parking Features Additional Parking,Concrete,Gravel

Garage Description Additional Parking,Concrete,Gravel

Roof Type Architecural Shingle

Building

Lot Description Corner Lot,Rural

Story 2

Foundation Combination

Structure Type Frame

Schools

Elementary Schools Holmes Park Es

Middle Schools Sapulpa Jhs,Sapulpa Ms

High Schools Sapulpa Hs

School District Sapulpa

Others

Acceptable Financing Conventional

Listing Terms Conventional

View More
Favorite Go Tour