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$ 695,000
Est. payment | /mo
2,050 SqFt
$ 695,000
Est. payment | /mo
2,050 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $339
Subdivision Bancroft
MLS Listing ID 41147669
HOA Y/N No
Year Built 1949
Lot Size 4,800 Sqft
Acres 1.1
Property Sub-Type Multi Family
Property Description
BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Electric
Cooling None
Flooring Laminate, Carpet
Fireplace No
Building
Lot Description Zero Lot Line
Sewer Public Sewer
Water Public
New Construction No
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Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY
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