915 W Logan Ave, Guthrie, OK 73044

This property is a great investment opportunity with multi-lot availability included. The house has many newer windows and doors but does need work. The house sits on lot 7 and half of lot 6. This house also comes with 3 additional lots 8, 9, and 10. Each lot size is 25 feet wide and 140 feet long. The size of 25 x 140 is the original lot size in Guthrie and according to the City of Guthrie's planning commission you can still build one house on each lot if wanted to at the time of this listing. The property in the area is in an AE flood zone or 100-year flood plain. To build in the area the city requires a minimum 1-foot height higher than the based flood elevation. The based flood elevation is determined by a survey done for floodplain base elevation. The City of Guthrie suggested a garage with a house built on top of the garage to help meet building criteria if you can't build up the lot with dirt. Although to know how high the living area you would have to get a survey done to determine floodplain base elevation and have the living area of the new house built 1 foot above the floodplain base. I think this property would make a great fit for someone looking to have a place to live while saving money to build a dream home next door.