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Motivated Seller!
Motivated Seller!
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Oakland Triplex, each unit 2Br/1Ba, fully leased.
Price reduced. Great 7.1% CAP rate!
Oakland Triplex, each unit 2Br/1Ba, fully leased. Price reduced. Great 7.1% CAP rate!
3242 Hyde St, Oakland, CA 94601
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Shown by appointment only.
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Excellent income/expense profile at this price. Separate gas, electric and water meters = low landlord expenses. 7.1cap rate with excellent long term upside. Interior pictures are of unit 3242. Basement storage and laundry provides flexible use between the tenants. Sewer lateral is in compliance and an engineered seismic retrofit and other structural upgrades complete. 6,250 sq ft lot provides useful outdoor space. Close to Fruitvale/Macarthur shopping (Farmer Joe’s, La Farine bakery, Peet’s coffee) and easy 580 freeway access. Commission concession expected.
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