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Oakland,CA 94603
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,870 sqft
Price per Sqft $470
Subdivision Webster
MLS Listing ID 41056155
Bedrooms 7
Full Baths 4
Year Built 1950
Lot Size 7,000 Sqft
Property Description
Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans, prefect for house hacking or additional cashflow. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won't last.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type Family Room
Exterior
Parking Features Off Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard
Story One
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA
Listing Terms Cash,Conventional,1031 Exchange,FHA