OK
Bryan
Durant
74701
803 E Florida Street
803 E Florida Street, Durant, OK 74701
Share Listing
Listing Type
Multi Family
Listing Status
active
34
$1,350,000

Home Details for 803 E Florida Street

Price
$1,350,000
Type
Residential Income
Bedrooms
2
Bathrooms
1.0
Square feet
1458
Year built
1983
Lot size acres
1.038
County
Bryan
Total rooms
5
Garage
Basement
None
Days on site
280
MLS Listing#
2443958
Property Description

Large beautifully renovated residential rental property located just minutes from downtown Durant - this unit represented here is 1 of 12 rental units spread across four buildings: 1 duplex - 2 units (CH - 1458 SF duplex - each unit is 729 SF), 2 triplexes - 6 units (CH - 2553 SF - each unit is 851 SF), and 1 quadriplex - 4 units (3500 SF - 4 units) for a total of 24 bedrooms and 12 baths. Situated on E. Florida St. and Holcomb Ave., the properties are fully leased and have enjoyed minimal vacancy over time, with rents held steady since the renovations. Each unit has a refrigerator, stove, microwave, stackable washer-dryer, and a front and back concrete porch. With a 10% cap rate, this propery (one abstract for all 4 buildings) is a great opportunity with incoming income from your first day of ownership. Each unit features 2 bedrooms, 1 bathroom, a kitchen, living room, and bath, offering approximately 872 sq. ft. of living space. (NOTE: There are 12 units - there are 24 bedrooms.) These units are ideal for tenants seeking comfort and convenience, with proximity to local amenities, including Lake Texoma, Choctaw Casino, and the rapidly expanding city of Sherman. With a solid cap rate near 7.5%, this property is an excellent investment opportunity in a growing market. Durant is experiencing strong demand for rental properties, and rents are on the rise. This is the perfect time to invest and be part of the area's growth, driven by nearby developments like new chip plants in Sherman. Addresses include: East Florida St: 803, 805, 807, 809, 811, 813, 815, 817 Holcomb Ave: 201, 203, 205, 207 Don’t miss out—this property offers both immediate income and long-term potential.

Property Features
  • House Interior
    • Granite Counters
    • High Speed Internet
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
    • Central
  • Utilities
    • Natural Gas Available
    • Water Available
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Basement
    • None
School Information
School Information for 803 E Florida Street, Durant, OK 74701
Elementary School
Durant
Middle School
N/A
High School
Durant
Listing Courtesy: Better Homes & Gardens, Winans - 972-744-9888
Presented by: Carol Layman
Listings courtesy of the Northeast Oklahoma Real Estate Systems. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the Northeast Oklahoma Real Estate Systems.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Northeast Oklahoma Real Estate Systems / Greater Tulsa AOR.
EXIT REALTY CONNEXX
6130 E. 71st St. Suite 14, Tulsa, OK 74136
Office
918 994 4848
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