94601
For sale
Price
Beds/baths
Home type
94601, CA Homes for Sale
Back on the Market 4/15/2025! Buyer Grant Assistance Qualified! Newly remodeled townhome in Jingletown! This 3Bd & 2Ba townhome features a recently remodeled kitchen with quartz countertops, new tile, and new appliances. Bathrooms fully remodeled with new light fixture, vanity, bathtubs, and toilets. Everything is almost new! Originally owned since 1998, owners remodeled this home with love & care for the next family. Within minutes from Alameda and Oakland downtown, this townhome is conveniently located near BART & 880 Freeway.
New Adjuste Price !!!What a great investment! 2 Duplexes total 4 units. Do the numbers and be the first one to grab this unique property. Property features 4 Townhome(3,6012 sqft) Style Units. All units are 1 bedroom, although the formal dining room is used as a second bedroom in all 4 units. Hard to find 4 units separate gas, electricity meter, separate water meter. each unit has its own water heater. Convenient front and backyards for each family to enjoy gardening and or BBQ. Attached garages to every unit. Oversize 12,663 sqft paved lot for extra parking(income). Current yearly gross rental income is $71,940. Tenants pay all utilities except garbage. Sewer lateral compliance.
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Legal 3plex with additional 4 non conforming units. Property in need of TLC
Excellent income/expense profile at this price. 7.1cap rate, 9.8x grm. Unit pictures are of 3242 and then 3240. Large lot and basement storage provides flexible use between the tenants. Basement laundry currently used just by tenants in 3242 but other hookups could be activated. Separate gas, electric and water meters = low landlord expenses. Sewer lateral is in compliance and an engineered seismic retrofit and other structural upgrades complete. Close to Fruitvale/Macarthur shopping (Farmer Joe's, La Farine bakery, Peet's coffee) and easy 580 freeway access.