2901 Nicol Ave

    Oakland, CA 94602
    • $1,395,000
    • STATUS: Active
    • ID#: 40888021
    UPDATED: 72 min ago
    $1,395,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    The subject property consists of two 4-unit buildings on one large 7,500 Sq Ft parcel. Both buildings consist of four 1-bed 1-bath units. One of the buildings is separately metered for all utilities while the other is paid by the landlord. Many of the rents are below market and offer substantial rental upside on turnover. Tour: Nov.5th, Nov.7th and Nov. 13th from Noon to 1PM.

    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 2019-11-22T14:41:01.197.

    www.armariovenemahomes.com/homes/100546908

    2901 Nicol Ave Oakland, CA 94602

    • Price: $1,395,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 40888021
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1940
    Built
    Neighborhood:
    Oakland
    County:
    Alameda
    Area:
    Oakland
    Property Description
    The subject property consists of two 4-unit buildings on one large 7,500 Sq Ft parcel. Both buildings consist of four 1-bed 1-bath units. One of the buildings is separately metered for all utilities while the other is paid by the landlord. Many of the rents are below market and offer substantial rental upside on turnover. Tour: Nov.5th, Nov.7th and Nov. 13th from Noon to 1PM.
    Exterior Features

    Additional Misc Features Other Exterior Stucco & Stone Lot Description Corner Parking Description Off Site Parking Parking Spaces Total 4 Parking Spaces Unit1 4 Roof Rolled Composition

    Interior Features

    Apx Sq Ft Unit1 550 Basement None Bathrooms Unit1 1 Bedrooms Unit1 1 Cooling None Flooring CarpetWood Heating Floor Furnace

    Property Features

    Annual Expense Year 2019 Annual Gross Fee Income 113687 Annual Gross Sched Income 113687 Annual Insurance Expense 1852 Annual License Expense 1933 Annual Maintenance Exp 6000 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 113687 Annual Taxes 19095 Annual Total Oper Exp 21203 Annual Utility Expense 12250 Annual Vacancy Expense 3410 Building Type Lowrise (1-3 Flrs) City Transfer Tax Yes Equipment Additional None Existing Lease Terms None Financial Data Source EstimatedOwner Gross Oper Actual Inc 113687 Net Operating Income 63897 Other Annual Expense 1020 Point Of Sale Ordinance Yes Special Information None Tenant Pays Gas Tot Bldg Sq Ft 4610 Total Deposits 0 Water Sewer Sewer System - Public

    Listing courtesy of Grant Chappell of Joseph M. Tapia, Broker.


    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 2019-11-22T14:41:01.197.

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