7008 Spencer Street

Oakland, CA 94621

$1,299,000

List Price

N/A

bed Beds

shower Baths

2,700 sqft

straighten / sqft

1965

calendar_month Built

Property 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.

Listing Information

List Price $1,299,000
Status Active
MLS ML81985270
Type Residential Income
Subtype Triplex
Year Built 1965
Lot Size 5,000
Structure Size 2,700
DOM 3
Courtesy Of 10X Realty Mortgage
Listing Agent Kennedy Ngo DRE#01890329

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Kennedy Ngo, 10X Realty Mortgage 408-889-3519. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 3rd, 2024 at 6:35 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.