$678,650
$699,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 12/28/2018
Key Details
Sold Price $678,650
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastmont
MLS Listing ID 40822190
Sold Date 12/28/18
HOA Y/N No
Annual Tax Amount $10,736
Lot Size 3,049 Sqft
Acres 0.07
Property Description
New Price! An excellent income property just got better! Over $75k annually! Listed at a 7.5% CAP rate (Capitalization rate)! GREAT opportunity to get the best of two worlds in investing with escalating leases on the 2 commercial units. Plus a reliable HUD residential tenant, more than a decade in place, with rent adjusted annually to market. Additionally, there's the benefit of appreciation that comes with the residential market.
Location
State CA
County Alameda
Interior
Heating See Remarks
Fireplace No
Others
Tax ID 40337561
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Bought with Sabhia Jan • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "