120 W Tyler Avenue, Stillwater, OK 74075 | Listings

120 W Tyler Avenue, Stillwater, OK 74075

  • $950,000
  • 8 Beds
  • 4 Full Baths
  • 4,488 sq ft
  • Year Built: 1979
  • Multi-Family
  • Listing #124283

Property Description

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.

Listing Details

Price$950,000
Bedrooms8 Beds
Bathrooms4 Full Baths
Year Built1979
Property TypeMulti-Family
Listing #124283
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet4,488
Heating and CoolingForced Air, Central

Exterior Features

ExteriorBrick Veneer
RoofOther (See Remarks)

Miscellaneous

MLS AreaNorthwest

Courtesy of Dolores Lemon and Tiffany Aranda, Real Estate Professionals

Copyright 2021, Stillwater Board of REALTORS®. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed. This 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.
This content last updated on 10/16/2021 7:28 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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