1838 5Th Ave Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
Key Details
Property Type RESIDENTIAL INCOME
Sub Type FOURPLEX
Listing Status Active
Purchase Type For Sale
Square Footage 2,585 sqft
Price per Sqft $456
MLS Listing ID 40944109
Bedrooms 5
Year Built 1953
Annual Tax Amount $8,638
Lot Size 7,500 Sqft
Property Sub-Type FOURPLEX
Property Description
This excellent property is in a Prime Location, just minutes walk to Lake Merritt, shopping and restaurants. This property includes three Units building mix with one cottage. 100% Occupied with Over $69,000 income. Owner installed an automatic metal gate to make more safe, and backyard fully cover with concrete to low maintenance. Some units had recently updated with double panel windows, kitchen and floors. The spacious 7,500 SF parcel in a superb location offers many options including possible building more units. The new owner can either occupy it or rent it at market rate. This is a rare opportunity to purchase an asset which will demand market rents in a fantastic Oakland Sellers just replace a new roof, exterior paint and fixed all dry rot siding.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Electric,Gas,Wall Furnace,Central
Cooling No Air Conditioning
Flooring Hardwood Floors,Laminate
Equipment Dryer,Washer,Carbon Mon Detector,Smoke Detector
Exterior
Exterior Feature Stucco
Parking Features Parking Area
Roof Type Composition Shingles
Building
Lot Description 2 Houses / 1 Lot
Sewer Sewer System - Public,Water - Public
Water Sewer System - Public,Water - Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None