Complete info: http://9322hillside.IsNowForSale.com - Excellent investment opportunity. Great mix with one vacant 2 bedroom unit. You can live in one and lease out the rest, with $3,649 per month in rental income to help cover the mortgage. The building was producing $58,740 in annual rental income (when all 4 units were tenant occupied). Nice building, well maintained with long term tenants. With increasing rents in Oakland, this would be a great opportunity to get into the investment property business. Unit 4 is currently vacant. This second floor, 2 bedroom, 1 bath unit has been renovated with new laminate flooring, updated kitchen and bath, new paint, and more. Cap rate of 4% with one vacant unit. Cap rate of 8.7% at fully leased with projected rents. Financials available upon request. Please do not disturb tenants. Offers subject to inspection. Photos are of unit 4. All information deemed reliable, but not guaranteed
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.
