Discover an exceptional investment property in the heart of Oakland, CA, with this well-maintained 5-unit multifamily property, priced competitively below the market rate for a fourplex. This charming building features one vacant unit, offering immediate potential for value-add strategies, and includes four garages for additional rental income or tenant convenience. Boasting an excellent rental history, the property includes a mix of market rate and subsidized tenants, ensuring stable cash flow. Ideal for investors looking to scale up from single-family or smaller multifamily properties or to enhance an existing portfolio, this asset presents a rare chance to secure a high-performing property in a thriving market.
5,600 Sq Ft Exterior Space
Investment
$4,340 Annual Tax
Built in 1951
MLS/Listing ID 41097875
5 Units
Shingle
Lot - Corner Lot
Construction - Stucco
Washer
Dryer
Gas Water Heater
Listing Courtesy of INFINITY INVESTMENTS, STEVEN PETERSON - 510-675-7755
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE