The property on N Dewey Ave, located in the vibrant Paseo District of Oklahoma City, shows remarkable rental potential. With its three bedrooms and 2.5 baths, it's been remodeled with modern touches, including granite kitchen countertops and an outdoor kitchen. The estimated rent range is between $1,695 to $2,300 per month, depending on market conditions. Given its prime location near art galleries, restaurants, and shopping, the payback period is favorable. The Paseo area is trendy, which may increase rental attraction. Challenges might include competition from newer constructions.
To maximize rental income, consider enhancing the outdoor living space further, as this is a unique selling point. Adding energy-efficient appliances could also enhance appeal. If selling is on the horizon, emphasize the property's proximity to the Paseo District's amenities and recent renovations. Highlighting these features can attract both renters and potential buyers looking for a ready-to-move-in home in a desirable location.