1011 88Th Ave

    Oakland, CA 94621
    • $499,000
    • STATUS: Active
    • ID#: 40874932
    $499,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,536
      SQFT
    • $325
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    Upside! Choose to live in 1 of 2 homes and rent the other. there is a 2bdrm 1bath and a 3bdrm 2bath to choose from. Income from the place you live! Also makes a great investment a detached garage (maybe a 3rd unit)? Put a pencil to it! rehab this property, make the partially converted garage a conforming 1 bed room. fix up the other two houses I Looked up section 8 Oakland rents 1bdrm - $1856 2bdrm- $2329 3bdrm - $3219 Total - $7,404 that makes over a million dollar property at a 6 cap with 25% expenses this is not the rent the property is earning now. Buyer needs to verify property will qualify for section 8 and verify rents offered. The 25% expenses is an estimate only, real expenses not known. Above values are an example of what might be the potential buyer should verify calculations and make own determination of income potential.

    Monthly Payment Calculator



    Bay East ©2019. CCAR ©2019. bridgeMLS ©2019. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-09-18T23:40:33.03.

    www.armariovenemahomes.com/homes/97054796

    1011 88Th Ave Oakland, CA 94621

    • Price: $499,000
    • Status: Active
    • ID#: 40874932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,536
    SQFT
    $325
    $/SQFT
    2007
    Built
    Neighborhood:
    Oakland
    County:
    Alameda
    Area:
    Oakland
    Property Description
    Upside! Choose to live in 1 of 2 homes and rent the other. there is a 2bdrm 1bath and a 3bdrm 2bath to choose from. Income from the place you live! Also makes a great investment a detached garage (maybe a 3rd unit)? Put a pencil to it! rehab this property, make the partially converted garage a conforming 1 bed room. fix up the other two houses I Looked up section 8 Oakland rents 1bdrm - $1856 2bdrm- $2329 3bdrm - $3219 Total - $7,404 that makes over a million dollar property at a 6 cap with 25% expenses this is not the rent the property is earning now. Buyer needs to verify property will qualify for section 8 and verify rents offered. The 25% expenses is an estimate only, real expenses not known. Above values are an example of what might be the potential buyer should verify calculations and make own determination of income potential.
    Exterior Features

    Additional Misc Features Balcony/PatioCable TvWired For Exterior Wood Frame Lot Description Level Parking Description Detached GarageParking Area Parking Spaces Total 3 Roof Unknown Yard Description Fenced

    Interior Features

    All Units Have Disposal Basement None Cooling No Air Conditioning Flooring Laminate Heating Electric

    Property Features

    Age 12 Annual Expense Year 0 Annual Gross Fee Income 0 Annual Gross Sched Income 0 Annual Insurance Expense 0 Annual Maintenance Exp 0 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 0 Annual Taxes 0 Annual Total Oper Exp 0 Annual Utility Expense 0 Annual Vacancy Expense 0 Building Type 2HOUSES-1LOT City Transfer Tax Yes Disclosures Fixer - Handyman Special Equipment Additional Water Heater Gas Existing Lease Terms None Financial Data Source None Other Annual Expense 0 Point Of Sale Ordinance Yes Possession Tenant's Rights Source Public Records Special Information None Tenant Pays ElectricGas Terms None Total Deposits 0 Water Sewer Sewer System - PublicWater - Public

    Listing courtesy of Marcus Hartinger of Coldwell Banker Solano Pacific.


    Bay East ©2019. CCAR ©2019. bridgeMLS ©2019. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-09-18T23:40:33.03.

     
    Armario Venema Homes Real Estate Team at Keller Williams Tri-Valley Realty
    459 Main Street
    Pleasanton CA, 94566