2701 NW 16th Street

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 between 2:00-4:00 this Thursday, February 26th and 2:00-4:00 on Saturday, February 28th.