Description
Excellent income/expense profile at this price. 6.47cap rate, 10.6x grm. Unit pictures are of 3242 and then 3240. Large lot and 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. Close to Fruitvale/Macarthur shopping (Farmer Joe's, La Farine bakery, Peet's coffee) and easy 580 freeway access.
Property Details
- Lot DescriptionBackYard, Garden, SlopedUp
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$689,000
- MLS #41085115
- MLS #41085115
- CountyAlameda
- Property SubtypeTriplex
- Acres0.1435
- Cost689000
- Year Built1945
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Brett Weinstein (#BMLS-R00923266)
Listing Office: REALTY ADVOCATES (#BMLS-OBBRA)
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