Address Not Shown

Oakland, CA 94606
$1,100,000
Courtesy of INFINITY INVESTMENTS

Description

This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry.  Two of the units are rented close to market and the other Three are under market, which means there is also  upside value in the rents.

  • Property Details
    • Property
      • Lot description:SlopedDown
    • Measurements
      • Acres:0.16
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1964
  • Community and Neighborhood Details
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 100, 000
      • Taxes annual:$17, 316
  • Other
    • Source
      • MLS #:40845547

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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