New Listing
$81.02 Per Sq Foot $939 est/mo Sourced by Back At You

813 N University,Seminole, OK 74868

Seminole OK, 74868

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Description

Investors look: 8 rental units. 4 units are 2 bed and 4 units are 1 bedroom. Inside pictures coming soon. Rent Potential at 100% occupancy is $53,900. Rent at 80% occupancy is $42,900. Estimated annual expenses. Property tax $1,000: Property Insurance $4,300: Utilities $7,500 : Repairs and Misc $7,000 for a total of $19,800. Net Income after expense is $23,100. 10% cap Rate value indicates value of $231,000. Market value based on comp value is quite different(Less). Borrowing Scenario. $150,000 loan 15 years @ 8% would have a monthly payment of $1,435 a month or $17,220 annually versus net income of $23,100 which provides an attractive debt coverage ratio. **This info is an estimation of taxes, insurance, rent & occupancy rates.** Inside pictures to come.

Details

MLS#2417528
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1930
Days On Site3
Listing Provided ByPam Robinson Real Estate | Pamela Robinson

Features

SQ Feet2,160
BasementY
Story(s)2
ZoningC2
Acreage0.28

Market Activity 74868

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Greater Tulsa Association of REALTORS® MLS.

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Learn More About This Property

StateOK
CountySeminole
CitySeminole
Zip Code74868
Listing VS Median (in 74868)
Price:
$175,000
low | high
Med:
$236,400
14.914285714286% of Average
SqFt:
2,160
low | high
Med:
1,585
76.643518518519% of Average
$ / SqFt:
$81
low | high
Med:
$149
34.299936912828% of Average
On Site:
3
low | high
Med:
69.500000
4.31654676259% of Average
Sourced by Back At You
Listing Updated: May 16, 2024 at 4:34:06 PM PDT