N/A, Oakland

$1,100,000

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0.16

Acres

Listing Agent
Steven Peterson - INFINITY INVESTMENTS

About N/A

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 of N/A

MLS® # 40845547
Price $1,100,000
Bathrooms 0.00
Acres 0.16
Year Built 1964
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address N/A
City Oakland
County Alameda
Zip Code 94606

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Stucco
Lot Description Sloped Down
Construction Stucco

Additional Information

Date Listed November 8th, 2018
Days on Market 2541
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteven Peterson
OfficeINFINITY INVESTMENTS

Listing Map

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