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In-PersonVirtual Tour
$ 665,000
Est. payment | /mo
5,000 Sqft Lot
$ 665,000
Est. payment | /mo
5,000 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Eastmont
MLS Listing ID 41118143
HOA Y/N No
Year Built 1961
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Property Description
Transparently priced! Bring your offer! Price Adjusted to $675k. This triplex brings in solid, predictable income with a 9.9% cap rate and about sixty nine thousand dollars in annual gross rent. All three units are occupied by long-term tenants, giving a buyer built-in stability from day one. The units sits behind a gated entry and includes three garage spaces plus three additional driveway parking spots, which is a rare bonus in this part of Oakland. It's a straightforward investment for anyone looking for reliable returns, and it also leaves room for a future owner occupant who's willing to navigate the city's requirements. Arroyo Viejo neighborhood attracts residents who want value, convenience, and a neighborhood feel. It sits close to major transit routes, everyday services, parks, and community resources, making it easy for tenants to get where they need to go. This property won't last long. Contact agent for details!
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Garage
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Back Yard
Sewer Public Sewer
Others
Tax ID 40336710
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.1927-82nd.com
Listed by Darryl Glass Abio Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "