4624 Fairfax AVE new

Oakland,CA 94601

$ 1695000

16 Beds

4 Baths

4730 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,730 sqft

Price per Sqft $358

MLS Listing ID ML82014008

Bedrooms 16

Full Baths 4

Year Built 1971

Lot Size 9,720 Sqft

Property Sub-Type Fourplex

Property Description

Bring your investors to this Fourplex in Oakland! Invest in Oakland's promising real estate market. High demand for rentals in this area makes this an excellent investment opportunity. With strong in-place cash flow and low-maintenance systems, this is a low-risk, high-upside investment ideal for both seasoned and first-time multifamily buyers. This property has been well cared for 10 years by the current owner and is ready for new ownership. Great location close to Cortland Creek Park. Section 8 Tenants. Large Units - 4 bedrooms updated and in good condition. Current rents are below market for 4 bedroom units so there is upside. Sewer Lateral Compliant. Call Sandhya for any questions!

Location

State CA

County Alameda

Zoning 1103

Rooms

Kitchen Cooktop - Gas,Garbage Disposal,Hookups - Gas,Oven Range - Gas,Other

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet,Tile

Laundry Hookups Only

Exterior

Parking Features Assigned Spaces,On Street

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Pillars / Posts / Piers

Sewer Sewer Connected

Water Public

Level or Stories 2

Others

Tax ID 036-2423-022-01

Miscellaneous None

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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