$1,299,000
For Sale

7008 Spencer Street

Oakland, CA 94621
2700 sqft | 0.11 acres | #ML81985270
Listing Office10X Realty Mortgage
Browse 20 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

An exceptional investment opportunity! This recently remodeled four-unit property brings in substantial rental income, generating approximately $12,975 a month, $155,700 annually, with tenants covering utilities. Each unit has been upgraded within the past year, and the building boasts a new roof just two years old. Located in a highly convenient area with easy freeway access, this property is perfectly situated for tenants and investors alike. With reliable, on-time rental income supported by the housing authority, you can enjoy a hassle-free investment.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.1148
      • Square Feet2700
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1965
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlameda
      • School DistrictOther
  • Financial Details
      • Original List Price$1,299,000
      • Taxes Annual$5,167
  • Other
      • MLS #ML81985270

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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