1049 43rd Street
Emeryville, CA 94608
0.31 acres | #41049529
Description
The subject property consists of three multifamily buildings totaling 7,218 square feet, situated on a 13,342 square foot parcel, with a total of 12 1-bedroom, 1-bathroom units. With 8 of 12 units already renovated, these spacious and sophisticated unit renovations showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property benefits significantly from very low vacancy, tremendous tenant demand, and premium rental rates. With strong in-place cashflow, the property can achieve both attractive financing and significant cash flow upside with additional unit turnover.
Property Details
- Acres0.3063
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1943
Utilities / Energy Details
- Utility FeaturesWaterNotAvailable
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$3,595,000
Other
- MLS #41049529
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Grant Chappell (#BMLS-R01700439)
Listing Office: NAI Northern California (#BMLS-OBOJMTB)
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