This 4 unit building is the best cash flow on a price per sqft in Oakland. Currently at $10,600 a month but it could be pushed higher if you utilize the on site laundry and rent the large storage shed. All the boxes are checked New Roof, New tenant improvements to commercial spot below (Smoke Shop). The 3 residential units have been recently remodeled. A newer security gate has also been added to the parking lot and all the units are on separate meters. The building is sewer lateral compliant. This property qualities for the NACA loan program Zero down Zero closing costs and below fixed rate interest currently at 5.5%. Must be owner occupied for this program.
MLS# | 41061084 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1906 |
Days On Site | 160 |
Listing Provided By | Responsive Real Estate 925-890-8845 | Jeffrey Nelson |
Units | 4 |
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Acreage | 0.10 |
State | CA |
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County | Alameda |
City | Oakland |
Zip Code | 94606 |
Listing VS Median (in 94606) | |
Price: $1,170,000 low | high Med: $667,500 On Site: 160 low | high Med: 71.000000 |