NEW! Buy and sell safely with virtual options - Learn More
About the Listing CCBE-SGGB01 - CCBE-206510250
PRICED BELOW MARKET......This Amazing Opportunity Will Not Last Long! Located at 2550 Damuth Street, this multi-family property presents a compelling opportunity for the owner-occupant buyer looking to combine comfortable living with steady rental income. The building spans 4,003 square feet, spread across multiple units. A dedicated 3 bedroom, 2 full bathroom ground-floor owner's unit, CURRENTLY VACANT, offers private backyard and spacious patio area providing peaceful living while the remaining units generate $60K+ annual income to help offset your mortgage payment each month. For investors, the numbers tell a strong story-multiple revenue-generating units under one roof mean consolidated management & lower per-unit operating costs. ALL 3 occupied units have been extensively upgraded and potentially maintenance free for years to come. With clear renovation potential in the owner's unit, strategic upgrades in the owner's unit can significantly boost rental income and overall property value, delivering excellent return on investment. The neighborhood speaks for it's self. The setting is truly serene. Nestled on a tree-lined street in a peaceful neighborhood renowned for tenant retention, this location is highly desirable to residents that appreciate tranquility without sacrificing accessibility. Daily conveniences include shopping and banking while the majestic redwood trails of Joaquin Miller Park offer an unparalleled outdoor retreat that consistently attracts quality tenants. Effortless connectivity to Highway 13 ensures swift passage throughout the greater Bay Area, adding yet another layer of desirability. OPEN HOUSE; May 15th at 3pm to 3:30pm.
Listing Highlights
Status
Active
Days on Site
74
Property Type
Multi-Family
MLS ®
41126396
Year Built
1968
Total Square Footage
0
Lot/Acreage
0.07
County
Alameda
Neighborhood
Lincoln Heights
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Back Yard,Street Level,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Roof:
- Others: Stucco,2+ Total Units
- Sewer:
- Parking Features: Garage,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2999455
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2550 Damuth St Oakland, CA 94602
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
