778 20th
oakland, CA 94612$889,000
- sold
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Incredible Cash Flow on Day One! Amazing Owner Move-in to own an Updated Victorian, with a total of 7 bedrooms. 4 bedroom home with a 1 bedroom and 2 bedroom (Recently updated) downstairs apartments. All units will be delivered vacant. Annual Gross Rent is $99,420. This is a 8.9 Gross Rent Multiplier! With all expenses (including a 2% Vacancy) Net Income is $70,318. CAP rate is 7.9%
Details
2,500 Sq Ft Exterior Space
Investment
Built in 1889
MLS/Listing ID 41044964
3 Units
Amenities & Features
Lot - Backyard
Laminate
Natural Wood
Construction - Wood Siding
Dryer
Gas Water Heater
Washer
Listing Courtesy of COLDWELL BANKER, JOHN CARONNA - 415-531-5225
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE