512 E 16thAda, OK 74820

Description

Income-Producing Investment Opportunity! Don't miss this excellent investment property in a great location near East Central University! This property offers multiple income streams and is already generating rental income. The main home features: 3 Bedrooms 2 Bathrooms Currently leased for $900/month In addition, the property includes separate 1 bed, 1 bath living quarters in the back, currently leased for $400/month, bringing the total monthly rental income to $1,300. Investment Highlights: Total rental income of $1,300/month Tenants pay all utilities Separate rear living quarters for additional income Convenient location near East Central University Strong opportunity for investors seeking immediate cash flow Whether you're expanding your rental portfolio or looking for a turnkey investment, this property offers steady income in a desirable location.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1944

Living area

1,320 Sq Ft

Lot size

0.16 acres

Days on market

98

MLS^® Listing#

2623793

Property Features

Interior

Laminate Counters

Exterior

None

Appliances

Electric Water Heater · Oven · Range

Cooling

Central Air

Heating

Central · Electric

Flooring

Laminate

Basement

None · Crawl Space

Pool

None

Laundry

Washer Hookup

Patio

None

Fencing

Other

Construction

Other

Roof

Asphalt · Fiberglass

Windows

Aluminum Frames

Other structures

Other

Utilities

Electricity Available · Water Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Ada

High

Ada

Financial Details

HOA

None

Annual taxes

$802Tax year 2025

Parcel number

0095-00-012-012-0-000-00

Directions

From Mississippi & Main street, go south on Mississippi, turn right on 16th, house is on the right