312 S B, Davis, OK 73030
- $319,900
- 8
- BD
- 4
- BA
- 2,800
- SqFt
- List Price
- $319,900
- Status
- ACTIVE
- MLS#
- 2627045
- Bedrooms
- 8
- Full-baths
- 4
- Sq. Ft
- 2,800
- Acres
- 0.16
- Year Built
- 2001
- Subdivision
- Davis Add I
Property Description
Investor Alert! Don't miss this fully occupied, income-producing fourplex offering immediate cash flow with built-in value-add potential. Currently generating $2,850 per month (approximately $34,200 annually), this well-maintained property features four 2-bedroom, 1-bath apartments with stable tenants and professional management already in place. Beyond the existing income, this property offers tremendous upside. A large detached shop with an overhead door provides opportunities for storage, contractor use, workshop space, or future rental income. The center bonus room/office could potentially be converted into an office, studio apartment, or additional rental space (buyer to verify). None of this potential income is reflected in the current rental revenue. Property features include approximately 2,880 square feet (Court House), built in 2001, separate electric and water meters, central heat and air, composition shingle roof, slab foundation, and one-story construction. Whether you're expanding your portfolio or purchasing your first investment property, this is a rare opportunity to own a turnkey asset with immediate income and room to grow. Property is professionally managed by Property Management Solutions, allowing for a seamless transition after closing. Schedule your showing today and discover the income potential this property has to offer!
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Additional Information
- Stories
- 1
- Foundation
- Slab
- Construction
- Other
- Floors
- Tile
- Exterior Features
- None
- Interior Features
- Laminate Counters, None, Electric Oven Connection, Electric Range Connection
- Appliances
- Electric Water Heater, Oven, Range
- Pool Description
- None
- Elementary School
- Davis
- High School
- Davis
- Heating
- Central, Electric
- Cooling
- Central Air
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Listing courtesy of Southern Oklahoma Realty.
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