About N/A
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.
Features of N/A
| MLS® # | 40845547 |
|---|---|
| Price | $1,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.16 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | N/A |
|---|---|
| City | Oakland |
| County | Alameda |
| Zip Code | 94606 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Sloped Down |
| Construction | Stucco |
Additional Information
| Date Listed | November 8th, 2018 |
|---|---|
| Days on Market | 2873 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Peterson |
|---|---|
| Office | INFINITY INVESTMENTS |