Turnkey Income-Producing Condo in Nichols Hills Leased at $1, 850/mo Through Nov 2026. Fully renovated 2 bed, 2.5 bath condo in a prime Nichols Hills location. Offering immediate and stable rental income. Taken down to the studs and rebuilt with new HVAC, electrical, plumbing, quartz countertops, stainless appliances, modern cabinetry, vinyl windows, updated bathrooms, wood flooring, and open floor plan. Executive suite features dual walk-in closets and full en suite bath. Balcony with Downtown OKC views, upstairs laundry, and covered carport included. Community amenities include updated pool with turf and gazebo, partial insurance, grounds maintenance, and trash service via HOA. Walk to Trader Joes, Starbucks, Empire Slice, and Grand Blvd trails. Just minutes to Whole Foods and Classen Curve. Estimated ~3.8% cap rate with low expenses and strong appreciation potential. Neighboring unit #211 also available for purchase.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 8
- Inside Utility
- Living Room Level: Ceiling Fan, Remodeled
- Living Room Description: Ceiling Fan, Remodeled
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- Laundry Room
- Flooring: Carpet, Tile, Wood
- Window Features: Vinyl Frame
Appliances
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Washer/Dryer
Kitchen and Dining
- Dining Room Description: Eating Space, Formal, Remodeled
- Dining Room Level: Eating Space, Formal, Remodeled
- Kitchen Description: Breakfast Bar, Eating Space, Island, Kitchen, L Shaped, Pantry, Remodeled, Sitting Area
- Kitchen Level: Breakfast Bar, Eating Space, Island, Kitchen, L Shaped, Pantry, Remodeled, Sitting Area
Exterior and Lot Features
Pool and Spa
- Pool Features: Indoor
- Pool Private: Yes
Land Info
- Lot Description: Interior Lot
Garage and Parking
Homeowners Association
- Association: Yes
- Association Amenities: Pool
- Association Fee: 2350
- Association Fee Frequency: Annually
- Association Fee Includes: Garbage, Insurance, Common Area Maintenance, Exterior Maintenance, Pool
- Calculated Total Monthly Association Fees: 196
School Information
- Elementary School: Nichols Hills ES
- High School: Classen HS Of Advanced Studies
- High School District: Oklahoma City
- Middle School: Classen MS Of Advanced Studies
- School District: Oklahoma City
Other Property Info
- Annual Tax Amount: 6309.7300
- Source Listing Status: Active
- County: Oklahoma
- Directions: From NW 63rd and Grand Blvd, go north to Sherwood Lane and turn right. Property is on the right. Go in through the main entrance.
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 1110NONESherwood21673116
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1248
- Year Built: 1974
- Building Exterior Type: Brick & Frame, Stone, Stucco
- Construction Materials: Brick & Frame, Stone, Stucco
- Foundation Details: Combination
- Levels: Upper (Condo Only)
- Property Age: 51
- Roof: Composition
- Total Area Sqft: 1248
- Architectural Style: Contemporary, Mid Century
Utilities
- Electricity Available
- Public
Home Features
- Energy: Programmable Thermostat
- Other Equipment: Smoke Alarm
