For multifamily buyers interested in adding a cash-generator to their portfolio, 144 Catron drive near the Oakland-San Leandro border is a ready-to-go investment that already delivers more than $70,000 per year in gross income. Built in 1965, the building features four units (2, 1BR/BA and 2, 2BR/1BA), two of which were recently remodeled with new kitchens, bathrooms, and flooring. In addition to the in-unit updates, the current owner has made significant capital improvements to the building in the past two years, including the installation of a new roof, as well as a gated perimeter fence. Thanks to the building's good condition and its proximity to various amenities (BART, Costco, Walmart, CVS, USPS, 21st Amendment Brewing, etc.) the current tenants enjoy being occupants and do a good job of staying current with their rent--good news for buyers looking to avoid renter headaches.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
