Address: 3717 N Olie Ave, Oklahoma City, OK 73118, USA
Property Description
Owner-occupant and/or income-producing two-unit property with brand new roof in Historic Crown Heights with strong retention history. Extensively renovated by Brent Swift, a notable historic and mid-century restoration specialist. Each unit is a 2 bed, 1 bath flat with mock fireplaces, hardwood floors, and updated kitchens featuring magnificent walnut cabinetry and quartzite countertops. Systems are in good shape: downstairs unit received new HVAC, ductwork, and tankless water heater in 2024. Property has been consistently well-maintained. The units are identical in layout, with the upstairs unit distinguished by beautiful built-in shelving in the living room and a private second-floor balcony. Four off-street parking spaces behind the property - two covered garage spaces, two uncovered. Fenced yard. Located in one of OKC's most desirable urban neighborhoods, walkable to the Western Avenue District. Downstairs unit is leased through Oct at $1,600/month; upstairs just became vacant for either an owner-occupant or new tenant. Straightforward acquisition for an investor looking for stable cash flow with minimal near-term capital requirements or a savvy and design-conscious owner-occupant who wants to live in the upper unit while supplementing their mortgage with the rent from the lower unit.