Great opportunity to own a 4-unit, 2-story mid-century multifamily property. Located in the Iveywood neighborhood, close to the San Leandro border, and above International Boulevard. Seller has owned and cared for the property for 25+ years. The building is suitable for the investor as well as the owner/occupant/investor. Subject property lies within an area that features a housing mix of single- and multifamily properties, in proximity to ground transportation, with nearby commuter access to state highways 580 and 880. The complex features a unit mix that includes one 3BR/1+BA (owner’s?) unit, two 2BR/1BA units, and one 1BR/1BA unit. Onsite garage parking, one space per unit. Gated, locked property entries at front driveway. Two vacant units stand ready to rent, and two units are occupied at below market rental rates. This well-maintained complex should offer reasonable repair costs as well as significant rental upside. Separately metered for gas and electric; landlord pays for water and trash-removal. Onsite coin-operated laundry facility for tenants only.
Listing Courtesy of bridgeMLS / Listed By: Robert Thacher, Corcoran Icon Properties
$599,000 (USD)
Uptown Area Condominium
Active
595 22nd St Oakland, CA 94612
2 Bed
2 Baths
1386 sqft
MLS# 41121162
Fresh Price! Introducing an Uptown flat in a boutique 6-unit Victorian building. This condo feels like a single-family home with a generous living area and proper dining room both with gleaming hardwood floors. Two generous sized bedrooms boast large walk-in closets and fresh carpet. Upper corner location with lots of energy efficient windows bring in natural light. The unit benefits from a spacious office so you can work from home. A private balcony off the primary bedroom provides a spot to enjoy the outdoors in the sun or unfurl the retractable awning for some shade. An oversized attic for storage and endless possibilities. Condo features in unit laundry, deeded parking for one car, and integrated fire sprinklers for safety. The complex is self-managed with low HOA dues. The exterior has been recently painted to feature its Victorian architecture. Uptown is one of Oakland’s most vibrant neighborhoods with the historic Paramount and Fox theaters, along with some of Oaktown’s most popular restaurants. Grocery shop at nearby Whole Foods and Sprouts. Enjoy all the activities and beauty of Lake Merritt. For transportation; BART is just a 1 1/2 blocks away and easy freeway access to SF and beyond. Walk score of 97. This is the downtown jewel you have been looking for!
Listing Courtesy of bridgeMLS / Listed By: Robert Thacher, Corcoran Icon Properties