Property Description

Rare downtown Claremore investment opportunity with multiple residential units, extra land, and strong upside potential! This package includes 211 W Jordan Street and 507 S Maryland, offering two lots with multiple buildings just moments from historic downtown Claremore, Route 66, local dining, shopping, parks, and area attractions. The property features a mix of rental units, including efficiency units, cottages, and a duplex. Three units are currently rented on month-to-month terms, providing existing income while allowing future flexibility for an investor, owner-occupant, or house-hacker. Several renovations have been completed in recent years, creating a solid foundation for continued rental income and future improvements. Located in an approved RS-3 pattern zone/Urban Residential area, this property offers flexibility for rental income, possible expansion, or long-term redevelopment potential. Live in one unit and let rental income help offset expenses, or continue building out the property as part of an investment portfolio. Recent appraisal supports the value, with the package priced approximately $75,000 below appraisal, offering instant equity potential and peace of mind for buyers. Opportunities with this kind of location, income potential, and extra land are hard to find near the heart of Claremore. Package sale only with 507 S Maryland. All offers must include both parcels.

Property Features

Local Schools