6 bedroom house for sale

Overview

Introducing a prime investment opportunity in Oakland, CA. This historic, 3, 138 SF property, built in 1928, offers four units and 100% occupancy, ensuring immediate returns. Zoned R50, this multifamily low-rise/garden property presents a solid foundation for expansion and future value add opportunities. Consistently maintained and thoughtfully designed, each unit boasts full amenities while preserving the property's timeless charm. With a commitment to excellence and a proven track record of occupancy, this property is a sound addition to any investor's portfolio. Don't miss the chance to acquire this lucrative asset in the heart of Oakland. Property Highlights - 100% occupancy with regular paying tenants - Solid cap rate of 6.8% at asking price - Central location in Oakland - Strong rental market - Built in 1928, maintaining historic charm - 3, 138 SF building with 4 units - Zoned R50, offering potential for expansion - Diverse neighborhood - Strong proximity to hospitals, schools, and employers - Close to favored dining and drinking establishments - Access to parks, trails, and Lake Merritt