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About the Listing BMLS-OBPINZA - BMLS-R01360348
8-unit apartment complex offering eight 3bd/1bth townhome units with excellent current income and strong rental upside. 9.71% cap rate and 7.40 GRM! The property was originally built in 1986, offers approximately 6,577 square feet of rental space, and sits on an oversized 12,812 square foot lot with ample room for parking. The property is 100% occupied with stable tenants paying market rent delivering market-leading cash flow. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The units have been remodeled and offer updated kitchens and bathrooms with stainless steel appliances, granite counter tops, newer cabinets, newer vanities, new fixtures, custom lighting, and more. The exterior and interior are in great condition with very little deferred maintenance resulting in an attractive turn-key investment.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: See Remarks
- Heating: See Remarks
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others: See Remarks,2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 37A27551351
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3421 68th Ave Oakland, CA 94605
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