2701 NW 16th Street,Oklahoma City, OK 73107
Oklahoma City, OK 73107
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. As of April 1st, the gross rental income is $4,295 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.
Details
| MLS # | 1215541 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1930 |
| Days On Site | 177 |
| Listing Provided By | Sage Sotheby's Realty | Britta Thrift |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,940 |
| Story(s) | 1 |
Interior
| Heating | Electric |
|---|---|
| Fireplaces Total | 2 |
Exterior
| Lot Features | Interior Lot |
|---|---|
| Foundation Details | Conventional |
Parking
| Parking Features | Permeable Surface |
|---|
Taxes
| Okc Tax Amount | 3800.5600 |
|---|---|
| Tax Block | 019 |
| Tax Lot | 37 & 38 |
Area Information
| State | OK |
|---|---|
| County | Oklahoma |
| City | Oklahoma City |
| Zip Code | 73107 |
| School District | Oklahoma |
| School District | Classen HS Of Advanced Studies,N |
| Elementary School | Cleveland ES |
| High School | Classen HS Of Advanced Studies,N |
| Listing VS Median (in 73107) | |
Price: $475,000 low | high Med: $217,500 sqft: 2,940 low | high Med: 1,144 $ / sqft: $162 low | high Med: $190 On site: 177 low | high Med: 35 | |
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Learn More About This Property
| State | OK |
|---|---|
| County | Oklahoma |
| City | Oklahoma City |
| Zip Code | 73107 |
| School District | Oklahoma |
| School District | Classen HS Of Advanced Studies,N |
| Elementary School | Cleveland ES |
| High School | Classen HS Of Advanced Studies,N |
| Listing VS Median (in 73107) | |
Price: $475,000 low | high Med: $217,500 sqft: 2,940 low | high Med: 1,144 $ / sqft: $162 low | high Med: $190 On site: 177 low | high Med: 35 | |
