Property Listing No Longer Available for Sale

2618,2622,2626 South 85th East Avenue

Tulsa, OK

Multi-family for Sale - $382,500 - 9,460 Sq. Ft. on 0.53 acres


Property Info

CIMLS#897389
Location
  2618,2622,2626 South 85th East Avenue
  Tulsa OK 74129
UpdatedNovember 15th, 2016
TypeMulti-family
Price$382,500
Building9,460 Sq. Ft.
Land0.53 acres

Property Description

This group of 12 units is conveniently located to I-44, making it very easy for residents to get anywhere in Tulsa quickly. The property has been recently remodeled with new Hardie Board siding, new windows, doors and paint. In addition, 8 of the units have upgraded interiors with granite countertops in select units, and new floor coverings. There is current professional management in place that is willing to stay on with a new owner. This property should provide great cash flow and a Buyer would have the opportunity to obtain new financing. The seller will provide a $5,000 credit at closing toward upgrades.

Location Description:

This area of Tulsa is bound by 41st Street on the north, 61st Street on the south, the Arkansans River on the west and Harvard on the east. Depending upon your perception, some locals will call this area of Tulsa "Midtown". I-44, a major east/west Interstate Highway through Tulsa, bisects this area. This highway recently underwent a widening project that removed many older properties and spurred redevelopment along the corridor. There is now vibrant, new retail and office development in this neighborhood.

Highlights:

>> 8 one bedroom units

>> 4 two bedroom townhouses

>> Easy access to I-44

>> Recently remodeled

* Email for additional photos


Financials


Similar Listings