Listing Courtesy of: Barbara Williams - Sterling Royal Real Estate 296-0421
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2649 62nd Avenue Unit 2649 Oakland, CA 94605

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Multi-Family Residence
Beds
Baths
Sq. Ft.
0.09 Acre Lot
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Last updated on 12/30/2024 2:28 PM

Listing Details

Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return... on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy, on site laundry facilities for tenant convenience, located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. AS AN INCENTIVE TO THE BUYER THE SELLER IS OFFERING ONE YEAR OF A HOME WARRANTY PLAN PLUS PAY FOR THE FIRST 3 CLAIMS. Continue reading
MLS#
224116449
Property Type
Multi-Family
Year Built
1960
Lot Size
0.09
Stories
2.0
Sewer
Public Sewer
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Listing Courtesy of: Barbara Williams - Sterling Royal Real Estate 296-0421

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
This content last refreshed on 12/30/2024 2:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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