5933 Foothill Blvd, Oakland
$998,000MLS® # 41046243
John L. Morra CENTURY 21 Real Estate Alliance
2649 62nd Avenue, Oakland
$1,025,000
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0 Bed
0 Bath
.09 Acre
0 Garage
50,000 PRICE REDUCTION, Seller Motivated. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!
Essential Information
- MLS® #
- ML81951352
- Price
- $1,025,000
- Bathrooms
- 0.00
- Acres
- 0.09
- Year Built
- 1960
- Type
- Commercial Sale
- Status
- Active
Community Information
- Address
- 2649 62nd Avenue
- Area
- 699 - Not Defined
- City
- Oakland
- County
- Alameda
- Zip Code
- 94605
- Senior Community
- N
Amenities
- Parking Spaces
- 4
Interior
- Heating
- Wall Furnace
- Cooling
- None
School Information
- District
- Other
Additional Information
- Date Listed
- January 13th, 2024
- Days on Market
- 129
- Zoning
- Multi Family Dwelling
Listing Details
- Agent
- Mickelin Burnes-browne
- Office
- Mickelin Burnes Browne, Broker
Property History
Price Reduced from $1,075,000 to $1,025,000
Price Reduced from $1,100,000 to $1,075,000
LISTING MAP
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Mickelin Burnes-browne - Mickelin Burnes Browne, BrokerBased on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 8:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.