About 1231 N Chisholm Road
Attention Investors, Multigenerational Living or Someone looking to dip their toe into the passive income world by living in one side & renting out the other! This property offers flexible accommodation options and can be readily converted into two separate rental units, as previously configured. The south side features a unit with a private front entrance, encompassing the entire downstairs area with a kitchen, dining room, living room, one bedroom, one full bathroom, a two-car garage, and a laundry utility area located within the garage. Additionally, a spiral staircase leads to an upstairs bedroom, another full bathroom, and a balcony, totaling approximately 1,549 square feet (MOL).
The north side provides access to an upper-level unit via its own private entrance. This second rental includes a small kitchen, dining room, living room, two bedrooms, one and a half bathrooms, and a laundry room, with an approximate size of 1,121 square feet (MOL).
Conveniently situated near the Outlet Mall and roughly six miles from Downtown OKC and Bricktown, this property comprises 3.27 acres (MOL). There is ample space for potential development, such as an additional accessory dwelling unit (ADU) or a tiny home or two. In 2018, the “upper level unit" was leased at $800 per month. The property is offered in "as is" condition and was appraised at $390,000 in May 2023.
