7008 Spencer Street
Oakland, CA 94621
2700 sqft | 0.11 acres | #ML81985270
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
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kennedy Ngo (#ML5092501)
Listing Office: 10X Realty Mortgage (#ML5099714)
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.