Excellent investment opportunity! This well-maintained, two-story multifamily property features 8 total units—6 one-bedroom units and 2 studio/efficiency units—all in good condition and fully occupied. The property is under a master lease with the Homeless Alliance, offering guaranteed rent payments and stable tenancy. All units have passed Housing Authority inspections, ensuring compliance and minimal maintenance concerns. This is a turnkey, income-producing asset with a strong rental history and no reported issues. Ideal for investors seeking reliable cash flow with minimal oversight. Financial overview is available upon request and cap rate is 11.6%
For sale
$525,000
400 SW 42nd St, Oklahoma City, OK 73109
6beds
4,006sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
- 77 days |
- 170 |
- 10 |
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