Property Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

Features
: Wall Furnace
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Additional Information
INFINITY INVESTMENTS
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BMLS-R01746140
BMLS-OFIISP
STEVEN
2129032
35

Multi-Family For Sale

$1,100,000
Listing ID #40845547
Basic Details
Status : Active
DaysOnMarket : 737
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 40845547
Price : $1,100,000
Lot Size : 7,000 Sqft
Year Built : 1964
Country : US
State : California
County : Alameda
City : Oakland
Zipcode : 94606
ModificationTimestamp : 2019-06-24 10:45:02
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