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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41069164
Sold Date 09/24/24
HOA Y/N No
Year Built 1991
Lot Size 4,159 Sqft
Property Description
Stellar opportunity for investors of all persuasions. Built in 1991, this well-maintained bright and cheery Uptown duplex has excellent upside! Property generates $60k-66k NET income per year when fully rented. Top floor unit A: 3br/2ba/1600sf, rented for $3500. Garden unit B: 2br/2ba/1000sf, vacant (previously rented for $3000). Both units have in-unit laundry, a private garage and driveway, private decks and a shared back yard. Recent capital improvements include new roof in 2021, new siding in 2022, new paint and carpet in garden unit in 2024. Located near desirable Uptown, including Fox Theater, 19th St. Bart, Lake Merritt and plenty of shops, cafes and nightlife. Owner-users and renters alike will love the accessibility. Walk Score: 78, Bike Score: 83, Transit Score: 80
Location
State CA
County Alameda
Interior
Heating Natural Gas
Flooring Carpet, Laminate, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Garage Direct Access, Garage, Guest
Roof Type Shingle
Parking Type Direct Access, Garage, Guest
Total Parking Spaces 4
Building
Lot Description Back Yard
Sewer Public Sewer, Private Sewer
Water Private
Others
Tax ID 37944
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
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Bought with OUT OF AREA • OUT OF AREA