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Listed by Darryl Glass • Abio Properties
$675,000
Est. payment /mo
7 Beds
4 Baths
3,384 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $199
MLS Listing ID EB41118143
Bedrooms 7
Year Built 1961
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Source Bridge MLS
Property Description
Transparently priced! Bring your offer! Price Adjusted to $675k. This triplex brings in solid, predictable income with a 9.9% cap rate and about sixty nine thousand dollars in annual gross rent. All three units are occupied by long-term tenants, giving a buyer built-in stability from day one. The units sits behind a gated entry and includes three garage spaces plus three additional driveway parking spots, which is a rare bonus in this part of Oakland. It's a straightforward investment for anyone looking for reliable returns, and it also leaves room for a future owner occupant who's willing to navigate the city's requirements. Arroyo Viejo neighborhood attracts residents who want value, convenience, and a neighborhood feel. It sits close to major transit routes, everyday services, parks, and community resources, making it easy for tenants to get where they need to go. This property won't last long. Contact agent for details!
Location
State CA
County Alameda
Area Oakland Zip Code 94621
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Laminate, Tile, Carpet - Wall to Wall
Exterior
Exterior Feature Stucco
Parking Features Attached Garage, Garage, Spaces per Unit - >1, Tandem Parking
Garage Spaces 3.0
Roof Type Composition
Building
Lot Description Regular
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Tax ID 40-3367-10
Special Listing Condition Price Change
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