Excellent income/expense profile at this price. 6.47cap rate, 10.6x grm. Unit pictures are of 3242 and then 3240. Large lot and basement storage provides flexible use between the tenants. Basement laundry currently used just by tenants in 3242 but other hookups could be activated. Separate gas, electric and water meters = low landlord expenses. Sewer lateral is in compliance and an engineered seismic retrofit and other structural upgrades complete. Close to Fruitvale/Macarthur shopping (Farmer Joe’s, La Farine bakery, Peet’s coffee) and easy 580 freeway access.
Property Details
Price:
$689,000
MLS #:
41085115
Status:
Active
Baths:
0
Address:
3242 Hyde St
Type:
Residential Income
Subtype:
Triplex
City:
Oakland
Listed Date:
Feb 7, 2025
State:
CA
ZIP:
94601
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1945
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Flooring
Wood
Heating
Floor Furnace, Wall Furnace
Exterior
Lot Features
Up Slope from Street, Back Yard, Garden
Parking Features
Street
Parking Spots
3.00
Roof
Shingle
Sewer
Public Sewer
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address3242 Hyde St Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94601
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3242 Hyde St
Oakland, CA
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