208 Main StSpavinaw, OK 74366

Property Details for 208 Main St

Year built

1950

Lot size

0.62 AC

Property size (Sq ft)

2,880 SF

Property type

Apartment buildings

Description

This exceptional property at 208 N Main Street, Unit 208, Spavinaw, OK presents a rare investment opportunity. The building, a former church, has been thoughtfully converted into a versatile multi-family dwelling spanning 2,880 square feet on a 0.62-acre lot. The upper level, accessible from the main entrance, functions as a spacious residence featuring four bedrooms, two bathrooms, a large kitchen, and abundant storage. High vaulted ceilings add to the grandeur of this unique living space. The lower level, a walkout basement, offers a completely separate entrance and comprises four individual studio apartments. This lower level also includes a shared, sizable kitchen and public restrooms, enhancing the appeal and convenience for tenants. The property's current configuration allows for dual functionality: maintaining the upper level as a private residence while generating rental income from the lower level apartments. Alternatively, the entire building could be converted into a fully multi-family property, potentially maximizing rental income and return on investment. This property is priced at $119,900 and offers significant potential for both residential and commercial use. The combination of its unique history, spacious layout, and multiple income streams makes this a truly exceptional investment opportunity in the desirable Spavinaw, OK market.

Location Insight

City

Spavinaw

County

Mayes

State

Oklahoma

Latitude

36.3933

Longitude

-95.0477

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