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
Map
Community
- Address7008 Spencer Street Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94621
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Courtesy of 10X Realty Mortgage. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7008 Spencer Street
Oakland, CA
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