2649 62nd Ave, OAKLAND, CA

$999,999

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3,289

Square feet

0.09

Acres

About 2649 62nd Ave

100,000 PRICE REDUCTION, Seller Motivated! WE WANT A SERIOUS OFFER. In today's high interest rate environment you must find unique buildings that will outpace inflation and cash flow immediately considering current interest rates. This property will deliver immediate cash flow returns while maintaining the growth potential in the rents due to having 4 subsidized tenants on HUD's VASH program for Veterans which guarantees rental collections and even has the ability to obtain rental increases above the allowable amounts for market rate Rent Controlled units. Beat the street by purchasing this excellent investment property!

Features of 2649 62nd Ave

MLS® # ML81951352
Price $999,999
Square Footage 3,289
Acres 0.09
Year Built 1960
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 2649 62nd Ave
Area Oakland Zip Code 94605
City OAKLAND
County Alameda
State CA
Zip Code 94605

Amenities

Utilities Public Utilities
Parking Spaces 4
View None
Is Waterfront No

Interior

Heating Wall Furnace
Cooling No Cooling
Fireplace No

Exterior

Roof Rolled Composition
Foundation Concrete Slab

Additional Information

Zoning Multi Family Dwelling
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMickelin Burnes-browne
OfficeMickelin Burnes Browne, Broker
Contact Info408-569-0978

Listing Map

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