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About This Home

This 6-bedroom, 5-bathroom residential multi family at 220 E Springer Avenue in Guthrie, OK is listed for $440,000 ($113 per sqft). Built in 1930, the home offers 3,885 sqft of living space on a 0.08 acres lot.

Agent Description

THIS IS AN OPPORTUNITY FOR GREAT CASH FLOW FOR YOUR INVESTMENT PORTFOLIO w/a MULIT-FAMILY PROPERTY! TOTAL TURNKEY with 4 of the 5 UNITS OCCUPIED AND LEASED WITH VETTED TENANTS! This 5 unit multi-family rental is 3885' total square feet. Addresses are: 220, 222, 222.5 & 224 E.

Springer and 323 Broad. 220 E Springer is a stand alone house with 2 Beds, & 1 Bath. The bigger house has 4 units: 2 Upstairs, 2 Downstairs. The 4 Units are 1 Bed, 1 Bath WITH THEIR OWN ENTRY. #222 has 1 Bed, 1 Bath + office. The Property is Being Sold As is due to All 5 Units Remodeled, Rehabbed, and Gutted in 2021.

Roof replaced on all 2021 too. HVAC 2021. There are 2 tax IDs - #0000679 & #0000682 for 5 properties that are currently rented, so the Buyer/Investor can go conventional or commercial financing or cash. TOTAL MONTHLY RENT IS approximately $3970/month.

Stainless Appliances, Refrigerator in each unit. Location is 1 block from Guthrie HS baseball field & .4 miles to beautiful historic downtown Guthrie. What a great addition to your investment portfolio! Renters/Tenants all each pay electric & gas & water.

(Guthrie High School Baseball Field to the west, Guthrie First Bapt Church & Guthrie Fire Dept are across the street to the South). Parking is on Springer Avenue. Property sits on Two separate lots with Two Tax IDs. Renters/Tenants all each pay Electric, Gas, & Water utility bills. SOLD AS A PACKAGE DEAL! GREAT OPPORTUNITY! WILL GO FAST.

Key Features

  • Built in 1930
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
5 full
1930

Monthly Cost Estimate

$2,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,907
Insurance$128

Estimates only. Actual payments may vary.

Location

220 E Springer Avenue

Guthrie, OK 73044

Property Details

Construction

Frame

Appliances

Water Heater

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 220 E Springer Avenue is listed at $440,000 ($113/sqft). The estimated monthly payment is $1,907 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.08 acre lot, 2 stories.

This property is listed by Kathy Parker and can be reached at 4056421929 or kaparker.realtor@gmail.com.

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KP

Kathy Parker

Agent at eXp Realty, LLC

(405) 642-1929

Listed by eXp Realty, LLC

MLS# 1211287· Source: listhub· Updated 59 days ago

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220 E Springer Avenue, Guthrie, OK 73044

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