$1,012,464
$1,049,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,583 SqFt
SOLD DATE : 10/17/2023
Key Details
Sold Price $1,012,464
Property Type Multi-Family
Sub Type 2 Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 2,583 sqft
Price per Sqft $391
MLS Listing ID 423909558
Sold Date 10/17/23
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1927
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type 2 Houses on Lot
Property Description
In the vibrant heart of Oakland sits an exciting investment opportunity. Two homes sit on a generous 7,000 sq. ft. lot, each offering its own distinct charm. The moment you step outside or gaze through the window, you're transported to a quaint, quiet, spring-filled garden and courtyard guaranteed to make you feel at home. The front residence is a cozy single-family dwelling, with three well-sized bedrooms, a bath, and a garage accompanied by a private driveway. Venturing deeper into the property, you'll find a duplex. The upper unit is a comfortable one-bedroom suite with a bath, complemented by a spacious private deckperfect for soaking in those bay views. The lower unit, adorned with Spanish style essence, offers two bedrooms and a bath, all framed by a shared courtyard that captures the essence of the garden's tranquility. The added two-car garage presents additional income opportunities. This investment has a solid cap rate of 7.5%. This property marries natural charm with investment promise. It's a haven for the budding investor or the discerning house hacker who values both peace and potential. Visit website at www.2443-244524thavenue.com
Location
State CA
County Alameda
Area Oakland Zip 94601
Interior
Fireplace No
Exterior
Total Parking Spaces 3
Private Pool false
Building
New Construction No
Others
Tax ID 0260780014
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