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$2,350,000
40 Beds ⋅ 20 Baths ⋅ 1098224 MLS
Rare opportunity to purchase a package of 5 well maintained 4 plex buildings approximately 2 miles from the University of Oklahoma. Owner will consider owner financing with 25% down, upto a 30 year AM with a 7 year balloon payment. Interest rate of 5.75%. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with real estate license #071687. Each building has 4 2 bedroom, 1 bath units with approximately 975 square feet. Each tenant pays their own utilities..total electric with City of Norman water/sewer/trash. The units feature all kitchen appliances, most have tiled bathrooms and ktichens, washer/dryer hookups, and each has a fireplace. Central heat and air. Many updates over the years including recent new class 4 hail resistant roofs and some have all new windows. Rents are below market so there is room for increased revenue. Don't disturb tenants. This listing includes 229 Chalmette( R0036639), 233 Chalmette(R0036638), 237 Chalmette(R0036637), 300 Chalmette(R0036626), and 312 Chalmette

312 Chalmette Street, Norman
$475,000
8 Beds ⋅ 4 Baths ⋅ 1235636 MLS
Rare opportunity to own a well maintained 4 plex approx 2 miles from the University of Oklahoma campus. Each unit has approximately 975 square feet with 2 bedrooms, and 1 bath featuring central heat and air, fireplace, all kitchen appliances, and washer/dryer hookups. New class 4 hail resistant roof in 2025 and new windows in 2017. Some long term tenants and all rents below market so room to grow the income. Owner financing is available with 25% down, up to a 30 year AM, at 5.75% interest rate subject to credit/asset review. We do not do "creative financing" such as seller being in 2nd place, equity participation, terms that are not fully amoritized, etc. Listing broker is an owner of the selling LLC with license # 071687. Do not disturb tenants.

229 Chalmette Drive, Norman

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