INVESTOR SPECIAL: Huge 3 Story Reservoir Hill Home Partially Finished! Perfect for real estate investors or contractors who have the resources and experience needed to tackle and maximize potential profit on a large, complex and more costly remodel or turnaround job as required here. The original owner who lived next door and owned this previously vacant lot wanted to build a nicer home but ran out of money and passed away before an alternative arrangement to finish the job could be procured. This huge 3 story, 3450 sq ft home is situated on a large 0.21 acre/9145 sq ft lot and was built with top-quality workmanship and building materials throughout. The exterior is completely finished with a new roof, hardie board siding and painted wood trim. Partially finished interior with kitchen and laundry room hookups and plumbing on the ground level, all insulation, bathroom plumbing and on all 3 levels and extensive electric wiring with all light fixtures and outlets installed on all exterior and interior framed walls, all heating and air ductwork and vented crawlspace. Great location and views of downtown tulsa and the entire North and NE side of the city! 5 minute drive downtown or to Osage Casino, 15 minute drive to Jenks or Tulsa International Airport. The foundation is top quality as is the framing and overall build quality - any experienced builder will see that right off the bat. But its a clean slate on the inside to be finished as either a large single family home or multi-plex housing, zoning permitted. There is enough space here to frame out four separate 1-2 bed apartments, if you can get the zoning modified for it, or otherwise we had plans for a 6 bed 4 bath single family home. Needs a driveway and all occupancy and other permits too. The owner of the property next door at 2238 N Denver Blvd, which we used to own as well, recently expressed interest in going 50/50 on the tree removal work (removing the 2 large trees between these 2 homes, if putting a driveway to the right side of the home leading to a carport or garage in the back yard is in your plans) and then redoing his driveway at the same time this home's driveway was being done in the interest of improving property values all around as that home is not his primary residence. Electric wiring is already installed throughout the home so not much additional work needed there and there is plumbing on all 3 floors for bath, shower, toilet with the top 2 floors having the toilets and sinks + a tub shower on the 2nd floor too that is still there. This place is livable right now as all the kitchen hookups on the 1st floor are also installed. Other amenities include a 4 ton Heat/AC package unit in the crawl space and a 4.5 ton package unit out back which is actually the old unit from 2238 N Denver next door + all ductwork installed. Both units are in good working condition but would probably be replaced in a remodel so I can have one or both of those removed for you before turning over the property as well, if desired. The crawl space is cooled with fans at both ends that kick on and move the air when the temperature sensor is triggered.. it has its own breaker for that as well. This street and immediate area around this home have seen tons of investment in the past 5+ years with nearly all surrounding properties being completely remodeled or built from scratch. This is definitely an up and coming area that will see property values continue to increase in coming years and decades. Get the largest residence on the front side of Reservoir Hill at a fraction of its potential value and finish it up your way!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
