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Listing 106 out of 200
$1,850,000 Back On Market

3607 Maple Avenue
Oakland, CA 94602

4 units | Multi Family Home
3920 sq ft lot - MLS# 40870722 Courtesy of Joseph M. Tapia, Broker, Grant Chappell
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Description

Back on the Market, no fault of the property. Rare Opportunity to own a RENT CONTROL EXEMPT Fourplex in the booming Dimond District. Great cash flow on Day One, with ability to raise rents quickly! Current CAP Rate is 5.74% and Market CAP is 6.24% This property was completed renovated in 2014, thus earning top dollar from renters looking for the convenience of walking distance to shopping, Starbucks, Planet Fitness, and public transportation. Tour Dates: Thurs, 6/20 from 11am-1pm. Sunday OH, 1-4pm Monday, 6/23 from 11am-1pm

Features

  • Property Type: Multi Family Home
  • Sub Type: FOURPLEX
  • Listing Status: Back On Market
  • County/Area: Alameda County
  • Zip Code: 94602
  • Year Built: 1927
  • Age: 92
  • High School: Oakland (510) 879-8111
  • Units: 4 units
  • Lot Size: 3920 sq ft lot
  • View: Downtown
  • Addtl Misc. Features: Extra Storage, Play Area
  • All Units Have: Updated Baths, Updated Kitchen
  • Annual Expense Year: 2017
  • Annual Gross Sched Income: $140,532
  • Annual Insurance Expense: $2,524
  • Annual Maintance Exp: 2000
  • Annual Rental Inc: 143400
  • Annual Total Oper Exp: 37382
  • Annual Utility Expense: $3,250
  • Cooling: No Air Conditioning
  • Elementary School Distric: Oakley (925) 625-0700
  • Equipment Additional: Dryer, Washer, Water Heater Gas
  • Existing Lease Terms: Month To Month
  • Exterior: Brick Veneer, Concrete, Dual Pane Windows, Wood Siding, Other
  • Flooring: Hardwood Flrs Throughout
  • Heating: Forced Air 1 Zone
  • Laundry: Dryer, Inside Unit, Washer
  • Lot Description: Level
  • Lot Sq Ft Apx: 4323
  • Net Operating Income: $106,175
  • Operating Expenses: Garbage Collection, Insurance, License/Ads, Maintenance/Repair, Property Tax/Assessments, Vacancy Factor
  • Other Annual Expense: $3,400
  • Parking Description: No Parking On Site
  • Roof: Rolled Composition
  • Separate Meters: Electric, Gas
  • Some Units Have: Dishwasher, Disposal, Updated Baths, Updated Kitchen
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Deposits: 8200
  • Unit 1: 3-Bedrooms, 2-Bathrooms
  • Unit 2: 2-Bedrooms, 1-Bathrooms
  • Unit 3: 3-Bedrooms, 1-Bathrooms
  • Unit 4: 4-Bedrooms, 2-Bathrooms
  • Water/Sewer: Sewer System - Public
  • Yard Description: Patio Enclosed, Storage
Courtesy of Joseph M. Tapia, Broker, Grant Chappell

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22326 Main St - Hayward, CA 94541
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