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$ 1,799,999
Est. payment | /mo
7,636 Sqft Lot
$ 1,799,999
Est. payment | /mo
7,636 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41070427
HOA Y/N No
Year Built 1951
Lot Size 7,636 Sqft
Property Description
Proud to present to you this beautiful 8-unit apartment complex offering eight 2bd/1ba upgraded units each with its own garage. This amazing cash flow property has a 7.5% cap rate and 9.83 GRM on current rent. The property has several remodeled units, and offers approximately 6500 square feet of rental space. Five units are currently rented to Section 8 tenants. All units have separate PG&E and water meters allowing for low operating costs. Laundry machines on site. Close to shops and all major freeways. This is a great investment, low risk, and plenty of upside.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 393298152
Listed by Tariq Mojaddidi • Mojaddidi & Associates
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Shireen Ferguson
REALTOR® | Lic# DRE# 01871452