1306 E Modoc Avenue $1,300,000

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    1306 E Modoc Avenue McAlester, OK 74501

    • 13,149 sq. ft.
    • 0.73 Acres
    • Commercial
    • MLS# 2438487
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    Views: 8 Days On Site: 18

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    Property Details

    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.

    • General Features
      • Security Features Smoke Detector(s)
      • Tax Annual Amount $7,136
      • Year Built 1999
    • Building Features
      • Basement Crawl Space
      • Building Features Dumpster,Pole Sign
      • Construction Materials Frame
      • Cooling Central Air
      • Flooring Carpet, Tile, Vinyl
      • Foundation Details Crawlspace
      • Green Energy Efficient Windows
      • Heating Central, Electric
      • Interior Features High Ceilings, High Speed Internet, Cable TV, Vaulted Ceiling(s), Window Treatments, Ceiling Fan(s)
      • Levels Two
      • Roof Composition
      • Window Features Insulated Windows, Window Treatments
    • Property Features
      • Fencing None
      • Sewer Public Sewer
      • Subdivision Name South McAlester
      • Utilities Cable Available, Electricity Available, Phone Available, Water Available
    • Schools
      • School District McAlester Sch Dist (R2)

    Contact

    Shannon Vaughn

    Shannon Vaughn

    Associate

    138059

    RE/MAX Results

    Mobile Phone: 918-813-0119

    Neighborhood

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    Market Last 30 Days In This Postal Code

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,300,000 12582.93%
    10/31/2024 2:11:00 PM New in Database Source: Multiple Listing Service New Value: $10,250

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    Information is provided in part by the Tulsa Area Multiple Listing Service of the Northeast Oklahoma Real Estate Services (NORES). Copyright 2024. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified. NORES MLS Internet Data Exchange (IDX) information is provided exclusively for consumer's 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.