37073 Locust Street

Newark, CA 94560
$1,995,000
3422 sqft | 0.17 acres | #ML81982323
Courtesy of KW Bay Area Estates

Description

Discover a prime investment at 37073 Locust St - a triplex consisting of the unit mix: 3 Bedroom / 1.5 Bath townhome style units with 2 stories and a backyard area. All units have been updated in the past 10 years with new kitchen countertops, new bathroom tiles, and laminate flooring throughout, proving beneficial for both your immediate financial goals and long-term vision. With low current rents, there is upside with the average rents in Newark at $3,000 for similar properties. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, these rental units are close to major employers and popular amenities, making them ideal for a growing rental market.

  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.1722
      • Square Feet:3422
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1988
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Other
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$3, 200, 000
      • Taxes annual:$16, 079
  • Other
    • Source
      • MLS #:ML81982323

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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