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MFListing.com, The Premiere FREE "Flea Market" For MultiFamily and Commercial Properties
Great 6 plex investment
Address: 3917 Shafter Ave.
City: Oakland
State: California
Zip: 94609
Country: United States
Sale Price: $899,000
Status: Active
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Year Built: 1932
Unit Mix: 4 x 1/1 and 2 x 2/1
Stories: 2
Total Actual Rent/Month: $6,380
Owner Pays: water, waste
Neighborhood: Temescal
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Lot Size: 6500
Meters: Seperate
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Full Description: A fourplex and a duplex on one lot.
The fourplex consists of four 1 bedroom, 1 bath units. The bottom units have a small private back yard. The upstairs units have a small deck.
The large duplex consists of upstairs, a 2 bedroom, one bath with extra room and private deck. The downstairs unit (which is vacant now) is a 2 bedroom, 2 bath with an extra room and a private deck. The vacant unit is going to be cleaned up and prepared for rent.
The rental income is over $76,000 per year. There is upside in rent.
For the investment savvy buyer, the GRM is 11.8. More details available upon request.
Check out more info on www.askthisoldrealtor.com
Financial Year: 2006
Scheduled Gross Income: $76,080
Vacancy Rate (%): 5
Annual Property Tax: $11,900
Insurance: $3,200
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Unit/Community Features
Cable/Satellite TV
Disposal
Hardwood or Tile Floors
Microwave
coin-operated Laundry
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Location Description: Shafter Ave is very close to the Kaiser and Summit hospitals, Broadway ave and Bart. Thus very excellent location for tenants, with or without a car.
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Listing Agent/Owner
Listed by: Antoine
Pirson
Web Address: http://www.askthisoldrealtor.com
This listing has been viewed 3426 times.
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