325 S Palm Street
About this property
Turn-key investment opportunity with immediate cash flow. This 1925 bungalow blends original character with recent updates - new flooring throughout, updated PEX plumbing, fresh paint, and a functional, light-filled floorplan with an electric fireplace. A covered front porch and generous backyard add curb appeal and outdoor space for tenants to enjoy. Central heat and air, gas range, and a full appliance package keep the unit low-maintenance.Currently leased with a reliable tenant in place at $1,100/month - a gross annual return of roughly 12.7% on the list price, day one. No vacancy gap, no lease-up costs; step into an income-producing asset in the Ponca City school district (Lincoln ES / Ponca City West MS / Ponca City HS).
About this property
Turn-key investment opportunity with immediate cash flow. This 1925 bungalow blends original character with recent updates - new flooring throughout, updated PEX plumbing, fresh paint, and a functional, light-filled floorplan with an electric fireplace. A covered front porch and generous backyard add curb appeal and outdoor space for tenants to enjoy. Central heat and air, gas range, and a full appliance package keep the unit low-maintenance.Currently leased with a reliable tenant in place at $1,100/month - a gross annual return of roughly 12.7% on the list price, day one. No vacancy gap, no lease-up costs; step into an income-producing asset in the Ponca City school district (Lincoln ES / Ponca City West MS / Ponca City HS).
Features and Additional Information
Bath
Presented By Wichita-Plaza Relocation Director
Area Information
Kay | Kay County |
Schools in the Area
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Elementary SchoolLincoln ES
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Middle SchoolPonca City West MS
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High SchoolPonca City HS
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Brokerage: Chinowth & Cohen
