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$ 1,095,000
Est. payment | /mo
5,227 Sqft Lot
$ 1,095,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Lake Merritt
MLS Listing ID 41097534
HOA Y/N No
Year Built 1922
Lot Size 5,227 Sqft
Property Sub-Type Quadruplex
Property Description
LOCATION, LOCATION, LOCATION! Architectural GEM one block off the lake with Lake Merritt views from ALL units. Tremendous upside potential for a new owner with TWO of the 4 units currently vacant; (one "Tenanted" Unit fully updated and at market rent). LARGE enclosed backyard with expansion possible for additional units, prefab ADU, or storage to increase income. BRAND NEW FOUNDATION in 2019, and property is sewer lateral compliant certified. Conveniently located by the Lake run/walk path, tennis courts, Safeway grocery, Laundromat, social dining, etc. Perfect for a savvy investor looking for income property in a HIGHLY DESIRABLE location, or a discerning Buyer seeking a live in property with passive income. Timeless vintage charm with water views!
Location
State CA
County Alameda
Interior
Heating Forced Air
Flooring Laminate
Fireplace No
Appliance Gas Water Heater
Exterior
View Y/N Yes
View Lake, Mountain(s), Water
Roof Type Tar/Gravel
Building
Lot Description Back Yard, Garden
Sewer Public Sewer
Others
Tax ID 201802
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Sanjeev Dhingra • Bay Town Brokers, Inc.
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Zachary Bach
REALTOR® | Lic# 02021320