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$225,000
Est. payment /mo
2 Beds
1 Bath
1,078 SqFt
UPDATED:
12/12/2024 10:00 AM
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,078 sqft
Price per Sqft $208
MLS Listing ID 1146530
Style Bungalow
Bedrooms 2
Full Baths 1
Construction Status Frame
Year Built 1922
Lot Size 5,227 Sqft
Property Description
Adorable Bungalow in the Heart of Norman – Steps from OU & Main Street!
Nestled on charming Lahoma Avenue, this versatile bungalow offers the perfect blend of convenience, charm, and opportunity. Just walking distance from the University of Oklahoma campus and the vibrant downtown Main Street, you’ll enjoy easy access to restaurants, bars, shopping, and nightlife.
Property Features:
• Two Units, Endless Possibilities:
• Front Unit: (315) 910 sq. ft. featuring 1 bedroom, 1 bath, living, dining, and kitchen spaces.
• Back Unit: (315 1/2) 168 sq. ft. studio with 1 bedroom, 1 bath, and kitchenette.
• Can easily be converted back to a 2-bedroom, 2-bath home.
• Recent updates:
• New roof (2022)
• Air conditioning system (2016)
• Water heater (2020)
Investment Potential:
This property is perfect as a primary residence or an income-producing investment:
• Front unit currently leased at $750/month (month-to-month).
• Back unit leased at $450/month (month-to-month).
Whether you choose to occupy, rent, or explore redevelopment opportunities, this bungalow is brimming with potential. Subsidize your mortgage with rental income or transform this property into your dream home.
Don’t miss this opportunity to own a piece of prime Norman real estate! Schedule your showing today.
This amazing property can be purchased individually or together with MLS listing 1146527, offering an incredible opportunity to own two versatile, income-producing properties in a prime location.
Nestled on charming Lahoma Avenue, this versatile bungalow offers the perfect blend of convenience, charm, and opportunity. Just walking distance from the University of Oklahoma campus and the vibrant downtown Main Street, you’ll enjoy easy access to restaurants, bars, shopping, and nightlife.
Property Features:
• Two Units, Endless Possibilities:
• Front Unit: (315) 910 sq. ft. featuring 1 bedroom, 1 bath, living, dining, and kitchen spaces.
• Back Unit: (315 1/2) 168 sq. ft. studio with 1 bedroom, 1 bath, and kitchenette.
• Can easily be converted back to a 2-bedroom, 2-bath home.
• Recent updates:
• New roof (2022)
• Air conditioning system (2016)
• Water heater (2020)
Investment Potential:
This property is perfect as a primary residence or an income-producing investment:
• Front unit currently leased at $750/month (month-to-month).
• Back unit leased at $450/month (month-to-month).
Whether you choose to occupy, rent, or explore redevelopment opportunities, this bungalow is brimming with potential. Subsidize your mortgage with rental income or transform this property into your dream home.
Don’t miss this opportunity to own a piece of prime Norman real estate! Schedule your showing today.
This amazing property can be purchased individually or together with MLS listing 1146527, offering an incredible opportunity to own two versatile, income-producing properties in a prime location.
Location
State OK
County Cleveland
Interior
Heating Central Gas
Cooling Central Elec
Fireplaces Type None
Exterior
Exterior Feature Open Patio
Parking Features None
Roof Type Composition
Private Pool No
Building
Lot Description Campus Area
Foundation Conventional
Level or Stories One
Structure Type Frame
Construction Status Frame
Schools
Elementary Schools Mckinley Es
Middle Schools Alcott Ms
High Schools Norman Hs
School District Norman
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Listed by Aaron William Petrone • Keller Williams Realty Mulinix