CASH COW with passive Income, Tenants are long term residents in the Building. Stabilized income is a haul mark feature of the Property. Located in a GOOD neighborhood and CLOSE to FREEWAYS. New exterior Paint. Additional 5th Unit is Built by previous owner and permits are unknown with income of $800.00. So its a Fifer- five unit property. Property Manager lives in one of the units and is a Licensed Contractor, takes care of the Maintenance of the Property too. Very matured and hard working Families who pays in time and well behaved too. At a fraction of the per square feet price with the Stabilized Income, this property has inbuilt value with an average commute times of 35-45 minutes from Bay Area/ Silicon Valley. Send offers- subject to inspection , Seller is motivated, offers as they come in. Please DO NOT Disturb Tenants.
MLS# | ML81983710 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1964 |
Days On Site | 197 |
Listing Provided By | Channel Real Estate Inc 4083934722 | Sri Gopireddy |
SQ Feet | 3,442 |
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Story(s) | 2 |
Building(s) | 1 |
Zoning | R3 |
Acreage | 0.14 |
State | CA |
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County | Alameda |
City | Oakland |
Zip Code | 94603 |
Area | 699 Not Defined |
School District | Other |
Elementary School | Other |
Middle School | Madison |
High School | Other |
Listing VS Median (in 94603) | |
Price: $799,000 low | high Med: $1,999,000 SqFt: 3,442 low | high Med: 6,960 $ / SqFt: $232 low | high Med: $269 On site: 197 low | high Med: 127.000000 |