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2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
2649 62nd Avenue
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$860,000

2649 62nd Avenue

5 Beds 4 Baths 700 Sq.Ft.

Description

Don't miss this incredible investment opportunity to own a well maintained, income-generating 5- unit 3289 sq ft spacious property in Oakland! This prime multi family investment offers both immediate rental income and long-term value. The property yields $124,500 annually, providing a solid return on investment. Good news, all units are eligible for rent increases. This 5-unit complex is an ideal investment for those looking to enter Oakland's growing real estate market or to expand their portfolio. With primary veteran housing subsidies in place, this property provides financial security and the potential for future appreciation. Guaranteed rental income from four units housing veterans. Gated property for tenant safety and privacy,located in a quiet residential area with proximity to parks, schools and local amenities. Quick access to I-580, public transportation and a short commute to downtown Oakland and Lake Merritt. AS AN INCENTIVE TO THE BUYER THE SELLER IS OFFERING $500 towards Home Warranty Plan. Seller to Offer $1000 towards commercial washer and dryer and a 2 year roof certification.

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Location

2649 62nd Avenue, Oakland, CA 94605

Status

Pending
Malinda Rideaux

Malinda Rideaux

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Common Area
Flooring Carpet, Linoleum
Total Bedrooms: 5
Full Bathrooms: 4
Area & Lot
Lot Area 3,759 Sq.Ft.
Living area 700 Sq.Ft.
MLS® ID 224116449
Year Built 1960
School District Alameda
Type Multi-Family
Status Pending
Exterior
Stories 2
Air conditioning None
Heat type Wall Furnace
Water Source Public
Sewer Public Sewer
Parking Attached, Carport, Covered, Side By Side
Roof Flat
Finance
Sales Price $860,000
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2649 62nd Avenue, Oakland, CA 94605. We are reviewing your request and will be in touch shortly!

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