340 Scott St Del City, OK 73115
- Residential income homes
- 5,600 SF
- 1.93 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 340 Scott St
- Year built
- 1940
- Lot size
- 1.93 lot acres
- Property size
- 5,600 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of five single-family rental homes situated on a spacious 1.93-acre lot in Del City, Oklahoma. The property boasts a total of 5,600 square feet of living space, with each unit offering significant rental potential. Built in 1940, the homes provide a solid foundation for immediate income generation. Adding to the property's value is a substantial 30x40-foot shop, complete with utilities, three access points, a garage door, and an interior garage door for flexible space division. The shop also includes a convenient bathroom. The expansive lot offers ample room for future expansion, allowing for the addition of more rental units to further increase the property's income stream. A mature pecan tree adds to the property's charm and landscape. The location is highly desirable, offering convenient access to Tinker Air Force Base, Interstate 40, and Interstate 35, ensuring strong tenant demand and easy accessibility. This multifamily property presents a rare opportunity to acquire a well-established income-producing asset with significant upside potential. The asking price is $450,000, representing a price per unit of $90,000 and a price per square foot of $80.36. The property is located at 340 S Scott St, Del City, OK 73115.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Del City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4539464
- Latitude
- 35.4616266
