$1,300,000
$1,388,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 08/09/2021
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40952324
Sold Date 08/09/21
HOA Y/N No
Year Built 1989
Lot Size 8,712 Sqft
Property Description
Great investment opportunity to own a large fourplex and live in one gorgeous unit with rent free in the desirable Fruitvale area! HIGH CAP RATE OVER 7%! Centrally located fourplex near Fruitvale BART and shopping. Plenty of street parking and each unit has a washer/dryer combo and pays for water. Large lot --potential for extra ADU unit and extra income. This building was built in 1989 and the lot size is 8532 s.f. Unit D was renovated in 2021. Ideal for the owner occupied unit with low interest rate locked for 30 years! Owner gets income from water reimbursement, parking, and storages. This building was professionally managed by Happy Home Partners since 2009. Unit D is available for showing. All other three units can be inspected after the offer is accepted. BUYER IS RESPONSIBLE FOR SEWER LATERAL AND SIDEWALK COMPLIANCE. Please use the link below for Matterport 3D Virtual Tour: https://my.matterport.com/show/?m=455pv6pXjh9
Location
State CA
County Alameda
Interior
Heating Forced Air
Flooring Carpet, Laminate, Wood
Fireplace No
Exterior
Garage On Street
Roof Type Composition
Parking Type On Street
Building
Lot Description Front Yard, Street Level
Sewer Public Sewer
Others
Tax ID 20158365
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Bought with Bryan Taing • Pegasus Realty