$125,000

Multi-Unit Investment Property!

Property Information

$125,000

Property Address:

308 S. Florida, Cherokee OK, 73728

Listing Agent:

Josh Bellamy

Main Features

Investment Multi-Unit Property in Cherokee Oklahoma

Property Overview: Great chance to acquire a multi-unit rental property, all situated in one place. The property consists of Six separate rental units, with a chance to expand. The Main House provides a three-bedroom, two-full-bathroom home that is currently rented.  Next to the main residence, there are three single rooms, efficiency-style apartments, that feature a kitchenette, and full bathroom in each, along with a separate laundry facility that provides access for everyone. One of these units is currently being rented. Behind those efficiency units, is a detached standalone single-room efficiency-style apartment that is currently vacant. And at the end is a large additional residence that offers an open floor plan, with a spacious kitchen and living area, along with a large separate bedroom. This house is currently rented as well.

Rare opportunity with great potential, you can get an immediate return on your investment with the current tenants, with a chance with open units to utilize for an Air-BNB, or something similar.

Cherokee is in a great location for White-tail deer, migratory birds, and various types of hunting and recreation, along with a constant need for rental property for local residents.

These will be shown by appointment only, please contact the office to schedule and learn more about the properties.

Contact: Josh Bellamy, Broker (580) 596-3838