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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision West Oakland
MLS Listing ID 40998553
Year Built 1907
Lot Size 3,001 Sqft
Property Description
Turnkey 4-Plex West Oakland 3.75% Int Rate. Rent Roll/Financials/Complete Marketing Package copy/paste: https://bit.ly/kitehillre. This charming turnkey 4-plex in West Oakland?s McClymonds neighborhood presents an excellent investment opportunity for an owner/occupant. This multi-family property has 2,618 square feet of livable space on a 3,000 square foot lot. With warmth, character, natural light, and sunset views, this great mix of (4) 2-bed, 1-bath units comes with one in-place rent, while 3 unrented, which allows the new owners to handpick their own tenants and set market rents. Move-in ready units offer new kitchens and bathrooms. Major improvements include new roof, plumbing, windows, electrical, flooring, landscaping, painted exterior, and rebuilt exterior stairs. Four storage sheds and coin-op laundry present additional income opportunities. If 100% occupied the building will generate $8,050 per month (est) with a total annual income of $96,600. Sewer & sidewalk compliant.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Exterior
Parking Features None
Building
Lot Description Back Yard
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Bert Aranda • Ind Rlty-DeMattei & Assoc
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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