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801 Delaware St Berkeley, Ca 94710
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41520563127717 Ney AvenueOakland, CA 94605ActiveSave
-1BD
-1BA
4130SqFt
UPDATED
Key Details
Property Type Multi-Family
Sub Type FOURPLEX
Listing Status Active
Purchase Type For Sale
Square Footage 4,130 sqft
Price per Sqft $241
Lot Size 8,288 Sqft
Year Built 1965
MLS Listing ID 40922031
Property Description
Built in 1965 of wood frame construction, flat composition roof, and concrete slab foundation, 7717 Ney Avenue in Oakland, offers four units totaling +/-4,130 gross rentable square feet. The unit mix boasts an impressive and rare mix of (1) three bedroom/two bath and (3) two bedroom one bath units. The offering presents investors with an excellent opportunity to acquire an asset directly in the path of progress for future developments in the immediate area. Strategically, an investor can capture approximately 58% upside on market rents via tenant turnover and unit renovations. Individually metered gas and electric mitigate operating expenses and on-site laundry coupled with the possible addition of an ADU unit would greatly boast income and streamline operations.
Location
State CA
County Alameda
Area Oakland Zip Code 94605
Rooms
Basement None
Interior
Laundry Coin Operated,In Laundry Room
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Carpet,Laminate
Equipment Garage Door Opener,All Public Utilities,Individual Electric Meter,Individual Gas Meter
Exterior
Exterior Feature Dual Pane Windows,Stucco
Garage Garage Parking
Garage Spaces 4.0
Roof Type Tar and Gravel
Building
Lot Description Regular
Sewer Sewer Connected
Water Water - Public
Others
Tax Amount $13,650
Miscellaneous Garden,Play Area
Acceptable Financing 1031 Exchange
Special Sale None
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Listing provided by Colliers Parrish International
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