58 Devine Pl Ardmore, OK 73401
- Mixed-use properties
- 1,750 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 58 Devine Pl
- Year built
- 2004
- Property size
- 1,750 SF
- Property type
- Mixed-use properties
Description
Exceptional investment opportunity featuring three income-producing rental properties situated on a spacious 4.28-acre lot in Springer, Oklahoma. This mixed-use property, comprised of factory-built homes, offers a combined total of approximately 1,750 to 2,000 square feet of living space. Each home boasts four bedrooms, with three bathrooms in two of the homes and two bathrooms in the third. Currently, all three homes are occupied by tenants, generating a combined monthly rental income of $5,200. The lease terms vary, with one month-to-month tenancy and two leases expiring in August 2024 and January 2025, respectively. The property is conveniently located near Lake Jean Neustadt and within six miles of Ardmore High School. The expansive lot size of 186,437 square feet presents significant potential for future development, allowing for the addition of more homes to further increase rental income. This property is zoned without restrictions, making it an ideal investment for building a portfolio or creating a substantial family compound. The asking price for this turnkey investment is $489,000. Built in 2004, this single-story property offers a compelling blend of immediate income and long-term growth potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.1551
- Latitude
- 34.2745
