Ada, OK 74820,611 S Stockton AVE
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Ada, OK 74820,611 S Stockton AVE
Ada, OK 74820,611 S Stockton AVE
Ada, OK 74820,611 S Stockton AVE
Ada, OK 74820,611 S Stockton AVE
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$ 74,900
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Price Dropped by $5K

611 S Stockton AVE Ada, OK 74820

2 Beds

1 Bath

1,536 SqFt


UPDATED:

11/18/2024 07:03 PM

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

HOA Y/N No

Total Fin. Sqft 1536

Year Built 1920

Annual Tax Amount $686

Tax Year 2023

Lot Size 7,013 Sqft

Acres 0.161

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

Direction East

Rooms

Other Rooms None

Basement Crawl Space

Interior

Interior Features Laminate Counters, Other

Heating Electric, Gas, Other

Cooling Other

Flooring Vinyl

Fireplace No

Window Features Other

Appliance Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Gas Range

Heat Source Electric, Gas, Other

Exterior

Exterior Feature None

Fence Partial

Pool None

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Metal

Porch Other

Garage false

Building

Lot Description Other

Faces East

Entry Level One

Foundation Crawlspace

Lot Size Range 0.161

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Additional Building None

Structure Type Vinyl Siding,Wood Frame

Schools

Elementary Schools Ada

High Schools Ada

School District Ada - Sch Dist (I9)

Others

Senior Community No

Tax ID 0005-00-131-001-0-002-00

Security Features No Safety Shelter

Acceptable Financing Conventional, Other

Listing Terms Conventional, Other


Listed by Southern Oklahoma Realty
agent

Jay Marks

Broker | JMRE0448337

+1(817) 477-9050

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611 S Stockton AVE