4-Plex located in the Highland Terrace neighborhood. Great for owner/occupy or investor. Monthly rental income from 3 units should offset your mortgage. All 4 units are 2 bedrooms/1 bathroom. 6.3% Cap Rate. (2) off-street parking spots per unit. Low maintenance property. 3 of 4 units were remodeled in 2018. New insulation, drywall, and paint, new wood-like porcelain tile and baseboards. New kitchen cabinets w/ upgraded quartz counters. Newly rebuilt bathroom with porcelain tile, new bathtub, stone surround, and vanity. Located roughly 1.8 miles SE of Lake Merritt, 1.5 miles NW of the Fruitvale Bart Station with easy access to the 580 & 880 freeways. [OFFERING MEMORANDUM (OM) WITH RENT ROLLS/PROFORMA AVAILABLE UPON REQUEST]
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Location
2120 E 22nd Street, Oakland, CA 94606
Status
Sold
Property Amenities
Interior
AppliancesAppliances: "Disposal", Other Equipment: "None"
FlooringFlooring: "Laminate", "Linoleum", "Tile"
Area & Lot
Lot Area5,250 Sq.Ft.
Living area2,860 Sq.Ft.
MLS® ID40851002
Year Built1962
TypeCondo
StatusSold
Exterior
Air conditioningCooling: "No Air Conditioning", Cooling Included
Heat typeHeating: "Electric", Heating Included
Garage SpaceGarage
ParkingParking Features: "Off Street", "Parking Lot", "Space Per Unit - 2"