NOT LISTED FOR SALE

113 W 3rd St Grove, OK 74344

-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold October 30, 2024

Last sale price $815,000

125 Days on Market

Highlights

  • Home Security System
  • Central Air
  • Heating Available

About This Home

As of October 2024

Historic 13-unit apartment complex in downtown Grove, OK at Grand Lake O' the Cherokees! This 3 story complex has been updated throughout with good quality, low-maintenance finishes that will last. The property features an on-site laundry room with 2 sets of newer coin-operated machines, Secured keyless entry doors, newer windows and TPO roof with warranty & several new HVAC units. All units have independent electric meters. Secured mailbox located in lobby for each unit. Steel entry doors. Walking distance to all downtown dining & shopping!! Great investment opportunity with owner finance available! Seller will provide terms with 30% down, 7.5% interest, 3-5, year balloon, will do interest only or principal plus interest amortized up to 30. 7 of the 13 units have been completely gutted and redone. The other 6 units have been updated. The entire common area has been updated to a modern clean look. Approx. 11 of the 13 a/c units have been completely replaced. The seller performs background checks on every tenant and screens each tenant personally, creating a harmonious balance in the building. The building is located right in the Heart of downtown Grove. Walk to all the boutiques, restaurants & coffee shops!! The seller easily operates the building remotely and has great vendors who know the building well for electrical, plumbing, roofing, HVAC, locksmith, washer/dryer, etc.

Last Agent to Sell the Property

Ty Krumrey

Keller Williams Realty Grand Lake License #160386 Listed on: 05/28/2024

Keller Williams Realty Grand Lake

Last Buyer's Agent

Joni Gaertner

Epique Realty License #158520

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,015

Home Design

  • Slab Foundation
  • Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Home Security System

Schools

  • Grove High School

Utilities

  • Central Air
  • Heating Available
  • Furnace

Community Details

  • 13 Units
  • Grove Original Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 210039700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,015

Listing Details

  • Directions: On 3rd across from Community Center
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Income Expense Gross Rent: 8020.0
  • Unit Info One Bedroom Units: 10
  • Unit Info Two Bedroom Units: 3
  • Subdivision Name: Grove-Original
  • Architectural Style: 2 - Apartment Building
  • Master Model: 10
  • Property Information:Water FrontView: None
  • Property Information:Style2: 2 - Apartment Building
  • Property Information:Stories2: 3.0
  • Air Conditioning:Central: Yes
  • Foundation Type:Slab: Yes
  • Construction Siding: Yes
  • Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Owner Pays: Trash Collection, Water, Sewer

Exterior Features

  • Disclosures: Broker Services
  • Foundation Details: Slab
  • Construction:Color2: white
  • Construction:Rock: Yes

Utilities

  • Sewer: City Sewer
  • Cooling: Central
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating Type:Central Furnace: Yes
  • Heating Fuel:Electric: Yes

Schools

  • High School: Grove

Lot Info

  • Parcel #: 210039700

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3015.0

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 8020.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $815,000 -9.4% --
10/01/2024 10/01/24 Pending -- -- --
08/23/2024 08/23/24 Price Changed $899,900 -10.0% --
05/28/2024 05/28/24 For Sale $999,900 +227.8% --
12/21/2018 12/21/18 Sold $305,000 -31.9% -- View Prior Sale
11/16/2018 11/16/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $447,900 -- --
Source: Northeast Oklahoma Board of REALTORS®

Agents Affiliated with this Home

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Map

Source: Northeast Oklahoma Board of REALTORS®

MLS Number: 24-1007

Northeast Oklahoma Board of REALTORS®
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