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1303 NW 2nd Street, Oklahoma City, OK 73106
$99,800 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,100
sqft
Built in
1925
FIVE LOTS NEAR DOWNTOWN!!! Welcome to the future of investment in the vibrant heart of Oklahoma City! Presenting a unique opportunity to own not just one, but five lots in the coveted Iron Work District. Ideally positioned just west of Downtown OKC, and south of Midtown, these lots offer a canvas for your investment dreams. Selling all 5 lots as a portfolio package to include MLS #1103827, #1103835, #1103837, #1103838 and #1103843. Four of the lots are vacant and cleared, and one lot has an existing home. While the home has been given no value due to its dilapidated condition, it presents a unique advantage. The current long-term renter, on a month-to-month lease, expresses a desire to stay, providing an immediate cash flow rental of $480 per month. This arrangement allows you the flexibility to make plans for the property while enjoying a steady income stream. Imagine the possibilities as you step into the rapidly developing Iron Work District, recognized as one of the last frontiers for expansion from Downtown. Downtown OKC is experiencing a surge in transformation, and this property is perfectly positioned to benefit from the surrounding entertainment hubs, including Beer City Music Hall, Fair Weather Friends Brewery & Taproom, Sunshine Brewery, Jones Assembly, 21c Museum Hotel, West Village, Stonecloud Brewing Company, and more. This is not just an investment; it's a chance to be part of the up-and-coming downtown scene. If you're an astute investor eyeing a strategic location, these vacant lots hold the key to unlocking the full potential of the Iron Work District. Act now and secure your stake in this dynamic and evolving neighborhood.
Features & Amenities
Interior
- A/C:
- false, None
- Heating:
- true, Floor Furnace
- Fireplace:
- Fireplaces: 0
Exterior
- General:
- Porch
- Style:
- Traditional
- Pool:
- None
- Parking:
- No Garage
Construction
- Roofing:
- Composition
- General:
- Other, 1, Slab
Location
- HOA Amenities:
- Annually
- Originating MLS:
- MLSGATEWAY
- School District:
- Oklahoma City
- County:
- Oklahoma
Lot
- Zoning:
- 1303NW2nd73106
Utilities
- Utilities:
- Cable Available,Electricity Available,Natural Gas Available,High Speed Internet Available,Municipal Utilities
Financial
- Source:
- MLSGATEWAY
- Buyers Agent Compensation:
- 3.0%
This listing courtesy of:
Chinowth & Cohen, Wenona R Jones
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Oklahoma City, OK
Housing
- Number of Units
- 323,210
- Median Home Value
- $166,639
- Median Rent
- $747
44.89% of housing units are renter occupied.
9.72% are vacant.
Commute
- Car
-
81.90%
- Public Transportation
-
0.56%
- Walk to Work
-
1.30%
- Work from Home
-
14.99%
- Other
-
0.84%
The median travel time to work is 20 minutes.
People
- Population
- 702,111
- Median Age
- 34.80
- Median Household Size
- 2.61
Education
- High School
-
27.41%
- Associate’s Degree
-
7.87%
- Bachelor’s Degree
-
18.19%
- Graduate Degree
-
9.90%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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