Investor/Builder Package — Two Lots for $140,000 This package includes a partially completed new-construction home and the adjoining vacant lot, offering an excellent opportunity for an investor or builder. The first home is approximately 45% complete, with the slab, framing, roof, rough-ins, and nearly all windows already installed. Once completed, the home will feature a two-car garage, covered patio, good-sized backyard, and composition roof. The estimated appraised value of the first home after completion is approximately $2225,000, providing strong potential value for an investor or builder. The adjoining lot is also included in the sale. It measures approximately 6,390 square feet (0.147 acres) and already has a concrete slab and sewer work completed. Some roofing materials and lumber for the second home are also included. A buyer could finish the first home and then: • Build a second home on the adjoining lot • Sell the prepared lot to another builder or investor • Hold the lot for a future construction project Package Price for Both Properties: $140,000 This is a unique opportunity to acquire two construction projects with significant preliminary work and materials already completed
Based on the average sale price from the Norman, OK office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
8506 Ne 34th Place Spencer, OK is a Single Family Home for sale at $140000 with 1129 sqft and a lot size of 0.1467 Acres Acre(s). 8506 Ne 34th Place Spencer has 3 bedrooms, 3 baths and was built in 2024. The property's zip code is 73084 which is in Spencer, OK
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.