Oakland Rent control exempt!! Strong income @ 5.3% Cap rate (With additional upside potential) This rebuilt 1890's triplex is located just blocks from Hollis Oak- A leasing development of 124 residential and live work units and 2900 sq feet of retail, union plaza park public garden and just around the corner from magnolia row townhomes Featuring: 2- two bedroom one bath units and a top floor 3 bedroom 2 bath unit. Two units with in unit laundry. This building is very easy to manage and to rent, individual meters for gas and electric, and water with tenants paying all utilities. (excluding garbage service). This investment offers an excellent location, attractive steady income, and the piece of mind of modern permitted construction. Full gut renovated top to bottom in 2014.
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