Triplex, each unit 2Br/1Ba, fully leased. Great 6.47% CAP rate! Buyer's agent can expect 2.5% upon closed sale.

3242 Hyde St, Oakland, CA 94601

$689,000

Shown by appointment only.
Photo #1
Photo #2   Photo #3
Photo #4   Photo #5   Photo #6

Excellent income/expense profile at this price. 6.47cap rate, 10.6x grm. Interior pictures are of unit 3242. Basement storage provides flexible use between the tenants. Basement laundry currently used just by tenants in 3242 but other hookups could be activated. Separate gas, electric and water meters = low landlord expenses. 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.
 

MLS 41085115

6 bd, 3 ba, 1,893 sqft, 6,250 sqft lot

Brokered by Realty Advocates

 
Map
 
 

Equal Housing Opportunity Logo

Listing courtesy of Realty Advocates