$270,000

402 NW 3rd St Lawton, OK 73507

Bedrooms

Bathrooms

7,500

sqft

1941

Year Built

Multi Family

Property Type

Special Offer:

(If you do not have an agent and work directly with the listing agent)

No

About This Home

Multifamily investment generating $2,950/month in current rental income, with 9 total units across two parcels at 402 and 408 NW 3rd St in Lawton. Unit 402 N/S and 404 N are tenant-occupied studios. 404 S is rent-ready. Units 406 N/S are fire-damaged studios. 408 and 412 are occupied 2 bed, 1 bath units. 410 is a vacant 2 bed, 1 bath unit needing renovation. With four units currently offline, this property offers a clear value-add opportunity to significantly increase cash flow through renovation and lease-up, unlocking upside potential and driving gross rents well beyond current level. Property sold as-is. Do not disturb tenants. Full investor packet available upon request. Please do no disturb tenants.