An exceptional investment opportunity! This recently remodeled four-unit property brings in substantial rental income, generating approximately $12,975 a month, $155,700 annually, with tenants covering utilities. Each unit has been upgraded within the past year, and the building boasts a new roof just two years old. Located in a highly convenient area with easy freeway access, this property is perfectly situated for tenants and investors alike. With reliable, on-time rental income supported by the housing authority, you can enjoy a hassle-free investment.
Property Details
Price:
$1,299,000
MLS #:
ML81985270
Status:
Active
Baths:
0
Address:
7008 Spencer Street
Type:
Residential Income
Subtype:
Triplex
City:
Oakland
Listed Date:
Oct 30, 2024
State:
CA
ZIP:
94621
Lot Size:
5,000 sqft / 0.11 acres (approx)
Year Built:
1965
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Schools
Interior
Accessibility Features
Other
Heating
Wall Furnace
Exterior
Garage Spaces
0.00
Parking Features
Uncovered
Parking Spots
4.00
Roof
Other
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Taxes
$5,167
Map
Community
- Address7008 Spencer Street Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94621
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7008 Spencer Street
Oakland, CA
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