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$698,000

Est. payment - /mo

5,248 Sqft Lot

Active

2120 E 22nd St Oakland, CA 94606

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Highland Terrace

MLS Listing ID 41118946

HOA Y/N No

Year Built 1962

Lot Size 5,248 Sqft

Property Sub-Type Quadruplex

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

Interior

Heating Wall Furnace

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

Total Parking Spaces 8

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Tax ID 22296123

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://my.matterport.com/show/?m=ySXCqMzb9st

Listed by Darryl Glass Abio Properties

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