425 63rd Street

Oakland, CA 94609
$1,200,000
2582 sqft | 0.12 acres | #ML81984653
Courtesy of Intero Real Estate Services

Description

Located on a beautiful tree-lined street, this charming property is a wonderful opportunity to own a four-unit income property on the North Oakland/Berkeley border. The 2-story barn is currently used as storage, but it is spacious and has huge potential! Maybe fix it up, put on a new door and rent it too? the barn also has a big loft area on its second floor! With a high walkability score and convenient location near restaurants, shops and public transportation, this property is a hidden gem with so much overall potential! The estimated income referenced in the listing is an estimate of potential rents for all 4 units. Two of the units are currently vacant. The vacant units (427 & 431) include: 1) a spacious two-bedroom one bath unit on the second floor (427) and, 2) a very nice one bedroom one bathroom unit on the first floor (431). There are two other tenant occupied units on the first floor: 1) a lovely one-bedroom unit in front rented for $657.25 per month; and 2) a studio apartment near the rear rented for $695 per month. We only have estimated expense figures (after initial fixup) not actual. We have a roof, termite, and home inspection.

  • Property Details
    • Property
      • Stories:2
    • Measurements
      • Acres:0.1182
      • Square Feet:2582
    • Parking
      • Parking spaces:3
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1913
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:NaturalGasAvailable
  • Community and Neighborhood Details
    • Location
      • School district:Other
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 400, 000
      • Taxes annual:$16, 800
  • Other
    • Source
      • MLS #:ML81984653

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
$0.00
Loan Amount
$0.00