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Rare opportunity to own this six unit apartment building centrally located in the desirable Fruitvale area near 35th Ave with easy access to Freeway I-580. All large two bedroom apartments, four of them have been recently upgraded with hardwood floors, granite countertop and modern bathroom. Six parking spaces in front of the building. More garage spaces on the first floor. Laundry room and storages in the back. Current cap rate 5.8%. Pro Forma Cap rate is 6.8%. High cash flow and easy management.
Last Updated | 8/12/2024 | Tract | FRUITVALE AREA |
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Year Built | 1960 | County | Alameda |
Additional Details
AIR | None |
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APPLIANCES | Gas Water Heater |
CONSTRUCTION | Stucco, Wood Siding |
HEAT | Natural Gas, Wall Furnace |
LOT | 6250 sq ft |
LOT DESCRIPTION | Street Level |
SUBDIVISION | FRUITVALE AREA |
TAXES | 16402 |
Location
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