611 W 2nd Street, Edmond, OK 73003

$1,999,500
  • 611 W 2nd Street, Edmond, OK 73003 Main Photo

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Pending
BEDS18 BATHS12 full 6 partial SQUARE FEET9,246 MLS#1209213
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLEdmond

Property Description

Unique opportunity to acquire fully leased brand new multi-family construction located near downtown Edmond and steps from the Railyard, Ice House and the Lark. All six of these townhomes (three duplexes) pre-leased during construction for $2,200 per townhouse (the six units gross a combined $13,200 per month). Developed by Bespoke Building Company, these high-end townhomes feature custom soft close cabinets, quartz countertops (with waterfall edge in the kitchen) and designer tile and lighting packages. Designed specifically for investor clients, these townhomes receive favorable insurance pricing and there's no HOA dues associated with these properties. Each townhouse features a 3-bed, 2.5 bath + media niche layout and includes tankless hot water heaters, a full appliance package (including full size washer and dryers) and a fenced side-yard. More than 40 new construction units have come online on a single block on W. 2nd St over the past six months and only these townhomes feature garage parking (a significant differentiator during the lease-up process). Average tenant income is more than $125,000 annually. The developer also owns an affiliated property management company and offers discounted 5.9 percent property management services to investor clients.

611 W 2nd Street | MLS# 1209213

This multi-family property located at 611 W 2nd Street, Edmond, OK 73003 is currently listed for sale with an asking price of $1,999,500. W 2nd Street is located within the Edmond school district. Search Edmond real estate on www.ccoklahoma.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Contemporary
Lot Size: 0.24 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,029
Year Built: 2025

Feature Descriptions

Days on Site: 50
Exterior: Brick & Frame
Lot: Infill Lot
Lot Dimensions: 75x140

Local Schools

High School: North HS
Middle School: Cheyenne MS
Elementary School: Ida Freeman ES
School District: Edmond

Listed By / Shown By

Listed By

Agency Name: Read Realty LLC
Agency Phone: 405-618-3427
Agent Name: John Read

Shown By

Agency Title: Chinowth & Cohen
Agency Phone: (918) 296-7950

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Estimated Payment

$ 5,118.96 per month $4,450.02 Principal & Interest $85.75 Property Tax $583.19 Homeowner's Insurance

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