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* MICHELLE LIN * Top 1% Producer in Santa Clara County
Cell:
408.661.1188
Fax:
408.519.3768
License #:
01274507 / Company CalBRE 01525887
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498 Stow AVE, Oakland, CA 94606
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Boasting an annual income of over $110,000 and a cap rate of more than 5% on the current rent, this investment opportunity is unparalleled. Owner occupancy financing is also available with as little as 5% down. This distinguished 1915 Edwardian-style triplex, featuring a captivating bonus unit, combines classic elegance and modern appeal. Situated just two blocks from the serene Lake Merritt, this property presents an enticing investment prospect in the coveted lower Haddon Hill neighborhood. Residents enjoy the tranquility of lakeside living while being close to the vibrant Lakeshore/Grand district, making it a prime choice for investors seeking lucrative returns. It seamlessly blends historic charm with the allure of Lake Merritt living and the vibrant Lakeshore/Grand district. Each unit promises substantial rental income and capital appreciation, making it a compelling proposition for astute investors.
- MLS: ML81952701
- Type: Fourplex
- Listed: 1/28/2024
- Sold Date: 2/16/2024
- Schools: GS Dist: 1686
HS Dist: 1686 - Year Built: 1915
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Listed by Robert Gosalvez, Compass
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| All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. | ||||||||||||
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Updated on 5/7/2024
