3647 Coolidge Avenue

    Oakland, CA 94602
    • $1,460,000
    • STATUS: Active
    • ID#: 40886158
    UPDATED: 12 min ago
    $1,460,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,234
      SQFT
    • $451
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    The M|K|D Group is pleased to offer for sale this four (4) unit multi-family property providing investors an opportunity to purchase a well maintained property located at 3647 Coolidge Avenue in Oakland. In-Place Rents generate NET $67,719 per year. Great Cap Rate: 4.5% This two-story structure is constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,214 on a generous 6,350-square foot lot. The property is located in Oakland's scenic Dimond district just steps away from retail, restaurants and immediate access to freeways. Well positioned within Oakland's continuously gentrifying sub-market, this investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

    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 2019-11-17T20:37:30.9.

    www.armariovenemahomes.com/homes/100019506

    3647 Coolidge Avenue Oakland, CA 94602

    • Price: $1,460,000
    • Status: Active
    • Updated: 12 min ago
    • ID#: 40886158
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,234
    SQFT
    $451
    $/SQFT
    1963
    Built
    Neighborhood:
    Dimond District
    County:
    Alameda
    Area:
    Oakland
    Property Description
    The M|K|D Group is pleased to offer for sale this four (4) unit multi-family property providing investors an opportunity to purchase a well maintained property located at 3647 Coolidge Avenue in Oakland. In-Place Rents generate NET $67,719 per year. Great Cap Rate: 4.5% This two-story structure is constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,214 on a generous 6,350-square foot lot. The property is located in Oakland's scenic Dimond district just steps away from retail, restaurants and immediate access to freeways. Well positioned within Oakland's continuously gentrifying sub-market, this investment presents an excellent opportunity for an investor to capitalize on a densely populated area that continues to experience rapid rent growth.
    Exterior Features

    Additional Misc Features None Exterior Stucco Lot Description Down Slope Parking Description Parking Area Parking Spaces Total 4 Roof Rolled Composition Views Other Yard Description Back Yard

    Interior Features

    All Units Have DishwasherDisposal Basement None Cooling No Air Conditioning Flooring CarpetWood Heating Electric Laundry 220 Volt OutletInside Unit

    Property Features

    Age 56 Annual Expense Year 28642 Annual Gross Fee Income 98328 Annual Gross Sched Income 98328 Annual Insurance Expense 2031 Annual Maintenance Exp 1700 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 100 Annual Taxes 12085 Annual Total Oper Exp 28642 Annual Utility Expense 1962 Annual Vacancy Expense 0 Building Type Fourplex City Transfer Tax Yes Disclosures Current Bus LicNat Hazard DisclosureRent Control Equipment Additional Water Heater GasWindow Coverings Existing Lease Terms Security DepositWritten Agreement Financial Data Source Owner Inspections And Reports Structural Pest ControlRoof Operating Expenses Garbage CollectionInsuranceLicense/AdsMaintenance/RepairTrash RemovalWater Other Annual Expense 2980 Point Of Sale Ordinance Yes Possession CoeTenant's Rights Separate Meters ElectricGas Solar None Source Public Records Special Information None Tenant Pays Cable TvElectricGas Terms Conventional1031 Exchange Total Deposits 6000 Water Sewer Sewer System - Public

    Listing courtesy of Karen Mulcahy of Realty Source, Inc..


    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 2019-11-17T20:37:30.9.

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