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1900 22nd Ave Oakland, CA 94606
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Key Details
Sold Price $688,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,924 sqft
Price per Sqft $357
MLS Listing ID BE41010244
Sold Date 02/10/23
Bedrooms 4
Originating Board Bay East
Year Built 1927
Lot Size 2,630 Sqft
Property Description
6.02% Cap rate on this well-maintained Duplex in San Antonio neighborhood. 2 mins walking distance to Garfield Elementary and Roosevelt Middle. Great investment due to its proximity to schools and freeway. Either rent both out for 6.02% cap rate or live in one and collect rent on the existing tenant and have the property pay for itself. Low maintenance backyard and each unit comes with 2 bedrooms, 1 full bathroom and 1 attached car garage. Plenty of storage for each unit. All units individual metered. $4,750/month in gross rent ($57,000/yr). Operating expenses are $14,868/yr. Net operating income (NOI) $42,132/yr! 6.02% cap rate! DON'T miss this! Buy this for the new year 2023.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Floor Furnace , Gas
Cooling Air Conditioning - None
Flooring Hardwood, Carpet - Wall to Wall
Laundry None
Exterior
Exterior Feature Stucco
Garage Attached Garage, Garage, Spaces per Unit - 1
Garage Spaces 2.0
Roof Type Other
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 21-247-13
Special Listing Condition Not Applicable
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Bought with Hui Kai Pi • SNVD01