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$995,000
Est. payment /mo
3,497 Sqft Lot
Open House
Sat Sep 13, 1:00pm - 3:00pm
Sun Sep 14, 1:00pm - 3:00pm
Sun Sep 14, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Glenview
MLS Listing ID 41110400
HOA Y/N No
Year Built 1913
Lot Size 3,497 Sqft
Property Sub-Type Duplex
Property Description
Glenview Duplex – Strong Income Property with Competitive Returns Excellent investment opportunity in Oakland's desirable Glenview neighborhood. This bright Craftsman duplex features a spacious front unit (4BD/2BA, ~1,800 sqft) with original details and charm, plus a rear 1BD/1BA unit rented at market rate. A detached garage offers additional storage or potential for ADU conversion. Both units have seperate washer/dryer. The property boasts a competitive GRM of 13.4 and a CAP rate of 5.5%, making it a compelling addition to any residential income portfolio. Recent upgrades throughout (including removal of knob-and-tube wiring) reduce future maintenance costs and increase long-term stability. With its location just a mile from Lake Merritt and Lakeshore's retail district, plus immediate freeway access for commuters, this property is well-positioned to attract quality tenants. For floor plans - https://3622emerson.com/mls
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Flooring Carpet, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Garage
Roof Type Shingle
Total Parking Spaces 1
Building
Lot Description Back Yard, Front Yard, Street Level
Sewer Public Sewer
Others
Tax ID 2348025
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Virtual Tour https://3622emerson.com/mls
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Listed by Patrick MacCartee The GRUBB Company
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