Rare cashflow opportunity with seller financing available! 2 houses on one lot; Both newly renovated with new Roof, windows, flooring, paint, and more. Separated meters and sewer lateral compliant. Both units are stabilized for market rent through section 8. Also comes with approved ADU plans, prefect for house hacking or additional cashflow. The front house features 4 bedrooms, 2 baths and onsite laundry facilities. The back unit has 3 bedrooms, 2 baths plus a bonus room and on site laundry hookups. Current annual gross of $79,140.00 with an expected net operating income of over $10,000.00 per year with existing deal structure. This won’t last.
Property Details
Price:
$880,000
MLS #:
41056155
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WEBSTER
City:
Oakland
Listed Date:
Apr 15, 2024
State:
CA
Finished Sq Ft:
1,870
ZIP:
94603
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1950
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Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Cooling
None
Fireplace Features
Family Room
Flooring
Vinyl
Heating
Wall Furnace
Exterior
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard
Parking Features
Off Street
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Financial
Map
Community
- Address1627 94th Ave Oakland CA
- SubdivisionWEBSTER
- CityOakland
- CountyAlameda
- Zip Code94603
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Courtesy of Fathom Realty Group, Inc. 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.1627 94th Ave
Oakland, CA
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