2701 NW 16th Street, Oklahoma City, OK 73107

$500,000
  • 2701 NW 16th Street, Oklahoma City, OK 73107 Main Photo

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New to the Market Active
BEDS6 BATHS4 full SQUARE FEET2,940 MLS#1215541
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLOklahoma City

Property Description

Fantastic investment opportunity featuring two duplexes right in the heart of Oklahoma City's burgeoning urban core! This property includes two duplexes, one facing 16th and one facing Linn. The units on Linn are each one bedroom, one bath. These units were both taken to the studs and fully renovated including new plumbing, electrical, framing, drywall, cabinetry, appliances, fully remodeled bathrooms and flooring! The units on 16th are each two bedroom, one bath and also have numerous upgrades including new central HVAC, kitchen countertops and sinks, flooring, paint, attic insulation and more! Both properties have new roofs as of 2024. See full list of upgrades in supplements. The current rental income grosses $4,250 per month. The two bedroom units are slightly under market rent, and one of them is on month-to-month. The owner currently pays water, sewer, trash, which averages approximately $200/month. Recent financials available in supplements. Annual financials available upon request. Turnkey and income-producing, this property is a great opportunity for immediate returns, long-term growth, and potential value-add on the two bedroom units. Showings can be set up with 72 hours notice.

2701 NW 16th Street | MLS# 1215541

This multi-family property located at 2701 NW 16th Street, Oklahoma City, OK 73107 is currently listed for sale with an asking price of $500,000. NW 16th Street is located within the Oklahoma City school district. Search Oklahoma City real estate on www.tulsastaragent.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: 2
Heating: Central Electric
Home Style: Bungalow, Historic
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $3,800
Year Built: 1930

Feature Descriptions

Days on Site: 6
Exterior: Brick & Frame
Fireplace: Mock
Lot: Interior Lot
Parking: Permeable Surface

Local Schools

High School: Classen HS Of Advanced Studies,Northwest
Middle School: Classen MS Of Advanced Studies,Taft MS
Elementary School: Cleveland ES
School District: Oklahoma City

Listed By / Shown By

Listed By

Agency Name: Sage Sotheby's Realty
Agency Phone: 405-748-0405
Agent Name: Britta Thrift

agent picture

Shown By

Agent Name: Carrie DeWeese
Agent Phone: (918) 605-6172
Agency Title: Chinowth & Cohen

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Estimated Payment

$ 1,575.28 per month $1,112.78 Principal & Interest $316.67 Property Tax $145.83 Homeowner's Insurance

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