Income-producing rental with a tenant in place in Tulsa's 74106. Currently leased at $1,620 per month through June 30, 2027, professionally managed since 2019, and sold as-is. Approximately 6.65% cap rate at list price on current rent. Pro forma and full financial package available to qualified buyers on request. Management may continue with the new owner for a no-gap transition. This 1940 single-story offers four bedrooms and two full baths with the kind of character that holds up in the rental market: a covered front porch with columns and railing, decorative shutters, arched interior openings, and a detached one-car garage with an extended concrete drive. Wood-look flooring runs through the living areas, with fresh neutral paint, ceiling fans, and wall sconces flanking a decorative fireplace mantel with tile hearth. The kitchen has granite countertops, white cabinetry, tile backsplash, tile floors, a stainless gas range and dishwasher, and a peninsula that opens to a breakfast area. New privacy fence gates on both sides of the home lead to the backyard. Central heat and air. Location: about 1.5 miles to downtown Tulsa and the Greenwood District, minutes to the Tulsa Arts District, ONEOK Field, OSU-Tulsa, and Gilcrease Museum. Quick access to I-244, US-75 and the L.L. Tisdale Parkway, and the Gilcrease Expressway (Hwy 11), with Tulsa International Airport roughly 15 minutes away and Osage Casino Hotel nearby. Tulsa Public Schools. Recent photos and virtual tour available. Tenant-occupied — showings by appointment with 24-hour notice; do not disturb the occupant.
Listing courtesy of Waypoint Realty.
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