218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
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218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
218 E Central Avenue
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SEE ALL PHOTOS
218 E Central Avenue
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Sold

218 E Central Avenue

218 E Central Avenue, Miami, OK 74354

$675,000
Prime Investment Opportunity in Miami, Oklahoma!
Discover the potential of this recently renovated multifamily mixed-use property, strategically located near the highly Anticipated new amusement park. this remarkable complex boasts 16 apartments & 4 commercial spaces, presenting an exceptional chance for Investors seeking maximum returns.
Currently, 12 cash-flowing residential apartments are leased, ensuring immediate revenue generation. Additionally, 2 well-positioned commercial spaces, flexible for retail or office use with a a small warehouse & garage, offer diversified income streams.
This one time investment find is packed with incredible value & presents tremendous forced appreciation potential. Benefit from the ongoing developments in the area & ensure a high return on vestment for years to come.
Key features:
- 16 spacious & modern apartments
- 4 versatile commercial spaces
- 12 fully leased residential apartments
- 2 commercially attractive retail/office units w/versatile warehouse space & garage
- Recently renovated with attention to detail
- Close proximity to the new amusement park
- Prime location for maximum capital appreciation

17,480 Sq.Ft. LIVING AREA

0.36 Acres lot

Joanna Ford

Joanna Ford

Features & Amenities

Interior

  • Flooring Concrete, Vinyl, Wood Veneer
  • other interior Features High Ceilings, Kitchenette, Cable TV

Area & Lot

  • Status Sold
  • Living Area17,480 Sq.Ft.
  • Lot Area0.36 Acres
  • MLS® ID2401965
  • TypeCommercial
  • YEAR BUILT1935
  • School DistrictMiami - Sch Dist (O4)

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Available, Electricity Available
  • roofOther
  • lot featuresSplit Possible
  • parkingParking Space(s)
  • HEAT TYPECentral, Gas, Multiple Heating Units, Zoned
  • AIR CONDITIONING2 Units, Zoned
  • sewerPublic Sewer
  • SubstructureBasement, Slab
  • security FeaturesSecurity System Owned, Smoke Detector(s)
  • other exterior FeaturesLighting, Storage

Financial

  • Sales Price$675,000
  • Real Estate Tax $6,895/yr

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