200 E 14th, Ada, OK 74820

Property Description

Investment Opportunity. Mixed use commercial property with immediate income. The downstairs office is currently leased to a salon. Upstairs are two - 1 bedroom apartments that are currently leased for $750/mo each. There is another 2 bed/1 bath apartment upstairs that needs to be finished out, possibly $15-20K of work left. Would lease for over $800/mo. The bottom east side needs to be finished out and the sellers have started the process with a new wall, windows and door and pontential rental income of $1,200+/mo. It is in a excellent location adjacent to the fire department and next to the Ada Arts and Heritage building. The empty lot to the East of the property comes with purchase. The electric panels and meter bases have been replaced upstairs and new plumbing in the basement. There is a new roof, hardwood floors have been refinished. new stairwell, new blinds, new heat and air and new cabinets & countertops.