427 SE 17th Street, Oklahoma City, OK 73129

This versatile property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently functioning as a duplex, this property has the potential to be converted into a triplex, maximizing its rental potential. Located just south of downtown, it boasts a prime location just minutes away from Scissortail Park, offering tenants convenient access to urban amenities and recreational opportunities. The property features a total of 3 bedrooms and 3 baths, with one unit already upgraded with new paint and other enhancements making it a turnkey rental opportunity for the savvy investor. Zoned R4 so up to 4 units can be built, and there is a huge backyard. Unit A is leased for $660 a month is month to month. Unit B is leased month to month at $600. $300 deposit unit A and $400 deposit for unit B. Both tenants would like to stay. Rental rate is currently under market value and should be around $800-850 for the 2 bedroom 2 bath, and $700 for the 1 bed 1 bathroom. Hot water heaters are 2016 and 2017. Foundation repair by Trition Foundation. Plumbing updates, sewer line repair, new toilet, electrical upgrades, dry wall repairs, brand new refrigerator in one of the units. Window units are 1 year old. Whether you're looking to expand your rental income or start your real estate investment journey, this property offers a solid foundation for success. Showings allowed Tuesdays and Thursdays for Unit B. Please do not disturb the tenants. Schedule your showing today!