This 1,731 square foot duplex sits on a 3,005 square foot lot where each unit features two bedrooms and one bathroom. One unit will be delivered completely vacant at close, and has been remodeled with new a new kitchen, bathroom, flooring, and more. The property has gone through a number of exterior improvements including but not limited to, fresh paint, cleaned landscaping, and more.
This is a phenomenal investment for the next owner where he or she has the ability to pass capital improvement costs onto the tenants, thereby allowing a rent increase. The property is also ripe for a tenant buyout or owner move in on the one occupied tenant. Upon turnover, both units can be rented for nearly $3,000 each.
This property is well located in the Hoover-Foster neighborhood near downtown Oakland. In downtown Oakland, you can find many of the unique forces that shape the East Bay today. Large national banks, several institutions of higher learning, local and national business, and several progressive communities all spread their spheres of influence from downtown Oakland. It is conveniently located next to multiple freeways including 24, 580, 880, 980, BART, and other public transportation modes. It has a Walk Score of 89 out of 100 which allows most errands to be accomplished by foot.
CONTACT STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
