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.
6,250 Sq Ft Exterior Space
Investment
$16,402 Annual Tax
Built in 1960
MLS/Listing ID 40966962
6 Units
Construction - Stucco
Construction - Wood Siding
Lot - Street Level
Composition
Gas Water Heater
Listing Courtesy of BING REALTY, BING UDINSKY - 510-655-3253
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE