512 E 16th Ada, OK 74820
3 Beds
2 Baths
1,320 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $98
Subdivision Dan Hays
MLS Listing ID 2623793
Bedrooms 3
Full Baths 2
HOA Y/N No
Total Fin. Sqft 1320
Year Built 1944
Annual Tax Amount $802
Tax Year 2025
Lot Size 7,013 Sqft
Acres 0.161
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OK
County Pontotoc
Direction South
Rooms
Other Rooms Other
Basement None, Crawl Space
Interior
Interior Features Laminate Counters, None, Electric Oven Connection
Heating Central, Electric
Cooling Central Air
Flooring Laminate
Fireplace No
Window Features Aluminum Frames
Appliance Electric Water Heater, Oven, Range
Heat Source Central, Electric
Laundry Washer Hookup
Exterior
Exterior Feature None
Fence Other
Pool None
Utilities Available Electricity Available, Water Available
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Porch None
Garage false
Building
Lot Description None
Dwelling Type House
Faces South
Entry Level One
Foundation Crawlspace
Lot Size Range 0.161
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Other
Structure Type Other,Wood Frame
Schools
Elementary Schools Ada
High Schools Ada
School District Ada - Sch Dist (I9)
Others
Senior Community No
Tax ID 0095-00-012-012-0-000-00
Security Features No Safety Shelter
Acceptable Financing Conventional
Listing Terms Conventional