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www.9874bancroft.com; 9874 Bancroft Avenue presents an excellent opportunity to purchase a 9-unit building with an excellent unit mix comprised of six 2bd/1bth units and three 1bd/1bth units. The property features spacious units, 10 off-street parking spaces, double pane windows, and ample storage. The property was built in 1960, offers 7,612 rentable square feet, and sits on 7,700 square foot lot. Maintenance is low and all units are separately metered for PG&E providing for low annual expenses. Many known maintenance issues have been addressed resulting in a relative turnkey property for the next investor. Four units were remodeled between 2019-2020 and there remains nearly $75,000 in yearly rental upside.
Property Type(s):
Residential Income
| Last Updated | 5/19/2022 | Year Built | 1960 |
|---|---|---|---|
| Community | Oakland Zip Code 94603 | County | Alameda |
Additional Details
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Oakland Zip Code 94603 |
| BASEMENT | Other, Yes |
| CONSTRUCTION | Other |
| HEAT | Other |
| LOT | 7841 sq ft |
| LOT DESCRIPTION | Other |
| PARKING | Other |
| UTILITIES | Other Water/Sewer |
| WATER | Other |
Location
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Listing provided by Steven Pinza with The Pinza Group, Inc
Bay East ©2022. CCAR ©2022. EBRD ©2022.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 6/24/22 5:48 PM PDT.
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