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$1,595,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
09/30/2024 06:50 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Fruitvale Area
MLS Listing ID 40966962
HOA Y/N No
Year Built 1960
Annual Tax Amount $16,402
Lot Size 6,098 Sqft
Property Description
Rare opportunity to own this six unit apartment building centrally located in the desirable Fruitvale area near 35th Ave with easy access to Freeway I-580. All large two bedroom apartments, four of them have been recently upgraded with hardwood floors, granite countertop and modern bathroom. Six parking spaces in front of the building. More garage spaces on the first floor. Laundry room and storages in the back. Current cap rate 5.8%. Pro Forma Cap rate is 6.8%. High cash flow and easy management.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Composition
Building
Lot Description Street Level
Others
Tax ID 2789411
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Listed by Bing Udinsky • BING REALTY
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194