2241 48th Ave 2241 48th Ave Oakland, California 94601 United States
2241 48th Ave Oakland, California 94601 United States
$1,198,000
Residential Income1 of 10
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- 2,677 Sq Ft.
- Interior
- 6,373 Acres
- Exterior
- Residential Income
- Property type
- 1993
- Year Built
- 40986371
- Web Id
- 40986371
- MLS ID
- 58
- days ago
This Property is Currently Contract Pending
About 2241 48th Ave
Future Homeowners/Investor - this is an opportunity to acquire a triplex for both income stream and investment value. The property was built in 1993 and is exempt from Oakland's Rent Adjustment Ordinance. Amazing financials - this opportunity boasts a 5.74% CAP Rate and 12.48 Gross Rent Multiplier, consisting of all 3 bedroom / 1 bathroom units. The subject property is individually metered for gas and electric and includes parking for all units. Live in one unit and collect rent from the other units or rent all units for passive income.
Listing Courtesy of Tony Trinh , eXp Realty of California, Inc
Listing Courtesy of Tony Trinh , eXp Realty of California, Inc
features
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Appliances
- Dryer, Gas Water Heater
- Cooling
- Ceiling Fan(s)
- Heating
- Forced Air, Natural Gas
- Parking Description
- Space Per Unit - 1, Space Per Unit - 2, Alley Access, Uncovered Parking Space
- Water
- Public
EXTERIOR
- Construction
- Wood Siding
- Roofing
- Composition Shingles
INTERIOR
- Flooring
- Vinyl
Listing Courtesy of eXp Realty of California, Inc