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Listed by Darryl Glass • Abio Properties
$ 698,000
Est. payment /mo
Active
2120 E 22nd St Oakland, CA 94606
8 Beds
4 Baths
2,860 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $244
MLS Listing ID EB41118946
Bedrooms 8
Year Built 1962
Lot Size 5,250 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
This four unit building is a solid opportunity for both investors and owner occupants. Located in the Highland Terrance neighborhood, this building is in a prime location near all the best Oakland has to offer. You have instant rental income, as well as future opportunities! With a pro forma income of ninety four thousand dollars and an 7% cap rate, the upside is clear. It's a practical setup for anyone who wants immediate potential rather than waiting years for turnover. Potential for buyer to assume COVID loan of 30 years at 3% interest rate. Inquire for details.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Tile, Carpet - Wall to Wall
Laundry Coin Operated, Washer/Dryer - Leased, Community Facility
Exterior
Exterior Feature Stucco
Parking Features Off-Street Parking, Spaces per Unit - >1, Tandem Parking
Garage Spaces 8.0
Building
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 22-296-12-3
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