IT IS WHAT IT IS:
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We have Up for auction a 1960's 2 bedroom, 1 bath home that sits on 3/4 Acres m/l in the city of Broken Arrow Oklahoma. In every sense of the word, this property is a "fixer-upper". It isn't so much about the house as it is the land itself. Tulsa County Treasurer appraises the value of the property at $51,000. It sits in an area where housing values range from the $80's upwards to over $100,000. When restored, it is quite possible that the house can be appraised into the $80's.
The house would make a great investment for someone who desires to repair and flip it or to repair it and rent it out. It's location is wonderful! It has a country setting, yet, it is close to major expressway and turnpike entrances. Within a two mile radius, you have Wal-Mart; Reasor's; Atwood's; City Hall; A Post Office; Rhodes Elementary; Haskell Middle School; North Intermediate High School; Bass Pro Shop as well as many other businesses.
There is the possibility for a third bedroom. The house is roughly 1000 square feet. It would be possible to expand the house, either upwards or outwards, if one choose to do so. The land offers a spacious area for an out building as well as a large garden in the spring. It is also possible to have a horse and there is a metal barn for one. The house has city water and sewage.
This auction is for an "AS IS" sale only. The buyer must pay all closing costs. Feel free to contact us concerning the home. It is located at 1522 E. College St. in Broken Arrow, Oklahoma. Feel free to drive by and give it a viewing. This is a good deal for someone with the resources and ability to fix it up.
At the close of the auction, a $250.00 deposit for earnest money will be required. We will provide the buyer with a contract for sale. The balance of the payment will be due at closing. The closing can be as soon as the buyer can do it. Again, please note that the property is being sold "AS IS".