611 S Stockton AVE Active Save Request In-Person Tour Request Virtual Tour
Ada,OK 74820
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $48
Subdivision Ada Original
MLS Listing ID 2431289
Style Other
Bedrooms 2
Full Baths 1
Year Built 1920
Annual Tax Amount $686
Tax Year 2023
Lot Size 7,013 Sqft
Property Description
Investment Opportunity!! Triplex features two 2-bed, 1-bath units renting for $550 each, and one 1-bed, 1-bath unit renting for $450. This property is a practical choice for investors looking to enhance their portfolio in a stable rental market. With two of the units currently occupied, this property provides immediate cash flow and is ideally situated near downtown Ada, East Central University, parks, and healthcare facilities, making it attractive to potential tenants.
Currently, both $550 units are leased, while the $450 unit remains vacant. This generates a current rental income of $1,100, with the potential to increase cash flow to $1,550.
Location
State OK
County Pontotoc
Rooms
Other Rooms None
Interior
Heating Electric,Gas,Other
Cooling Other
Flooring Vinyl
Exterior
Exterior Feature None
Fence Partial
Pool None
Utilities Available Electricity Available,Natural Gas Available
Roof Type Metal
Building
Lot Description Other
Foundation Crawlspace
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
Schools
Elementary Schools Ada
High Schools Ada
School District Ada - Sch Dist (I9)
Others
Acceptable Financing Conventional,Other
Listing Terms Conventional,Other