Investor Special! Excellent opportunity to acquire a turnkey, income-producing property with immediate cash flow in place. The home is currently leased at $1,200 per month with 11 months remaining on a two-year lease, providing predictable income and reducing vacancy risk for the next owner. Existing tenancy allows for a smooth transition and immediate returns from day one. This 3-bedroom, 1.5-bath residence sits on a desirable corner lot, offering added curb appeal and long-term value. The property has been freshly painted and is well maintained, helping minimize upfront capital expenditures. A functional floor plan and solid condition make this home attractive to long-term renters and easy to manage as part of an investment portfolio. The location is a major asset, positioned near Ada Junior High School and Washington Grade School, which continues to support strong and consistent rental demand. The home is also within walking distance to downtown, providing tenants with convenient access to shopping, dining, and local services-an important factor in tenant retention and future rent growth potential. Whether you are a seasoned investor or looking to expand your rental portfolio, this property offers steady cash flow, strong location fundamentals, and long-term appreciation potential. A solid investment opportunity in an established neighborhood with proven rental performance.
Listed By
Agency Name: Sweeney & Associates
Shown By
Agency Title: Chinowth & Cohen
Agency Phone: (918) 296-7950
Estimated Payment
$ 357.07 per month $277.97 Principal & Interest $42.67 Property Tax $36.43 Homeowner's InsuranceFill out the form below and we'll get back to you as soon as possible.
500 W 16 Street | MLS# 2608089
This single family home located at 500 W 16 Street , Ada, OK 74820 is currently listed for sale with an asking price of $124,900. This property was built in 1942 and has 3 bedrooms and 1 full and 1 partial baths with 1510 sq. ft. W 16 Street is located in the Daggs subdivision within the Ada - Sch Dist school district. Search Daggs real estate on www.ccoklahoma.com today.