Request More Info
Schedule a Showing
Share
Print
|
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.
Property Type(s):
Residential Income
| Last Updated | 11/13/2020 | Year Built | 1965 |
|---|---|---|---|
| Community | Oakland Zip Code 94605 | County | Alameda |
Price History
| Prior to Nov 6, '20 | $1,049,000 |
|---|---|
| Nov 6, '20 - Today | $999,000 |
Additional Details
| AIR | No Air Conditioning |
|---|---|
| AREA | Oakland Zip Code 94605 |
| BASEMENT | None |
| CONSTRUCTION | Dual Pane Windows, Stucco |
| EXTERIOR | Back Yard, Dog Run, Full Fence, Garden/Play |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 8276 sq ft |
| LOT DESCRIPTION | Regular |
| PARKING | Garage Parking |
| SEWER | Sewer Connected |
| TAXES | 13650 |
| WATER | Water - Public,Sewer Connected |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Peter Maclennan to contact you even if your name is on a Federal or State "Do not call List". | |
Listing provided by Cory Waxman with Colliers Parrish International
Bay East ©2021. CCAR ©2021. EBRD ©2021.Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 3/8/21 11:06 PM PST.
This IDX solution is (c) Diverse Solutions 2021.
Twitter
Facebook
Email